Saturday, February 24, 2007 2:03:05 PM
Including the restricted securities issued by the Company for working capital following the purchase of control, the New
Control Group beneficially owns 93.3% of the outstanding shares of the Company. The total consideration paid for the purchase of the shares from the 45 shareholders and the purchase of the restricted shares from the Company was $1,335,405.
In connection with the purchase of control, the Company issued 4,028,759 shares of its common stock, par value $.001 per share, to the New Control Group and an additional 20,000 shares to three individuals involved in the transaction. The total offering price for these restricted securities was $699,405.
FEATURED Element79 Gold Corp Successfully Closes Maverick Springs Option Agreement • May 8, 2024 9:05 AM
Bantec's Howco Awarded $4.19 Million Dollar U.S. Department of Defense Contract • BANT • May 8, 2024 10:00 AM
Kona Gold Beverages, Inc. Achieves April Revenues Exceeding $586,000 • KGKG • May 8, 2024 8:30 AM
Epazz plans to spin off Galaxy Batteries Inc. • EPAZ • May 8, 2024 7:05 AM
Moon Equity Holdings, Corp. Announces Acquisition of Wikolo, Inc. • MONI • May 7, 2024 9:48 AM
Cannabix Technologies Launches New Compact Breath Logix Workplace Series and Prepares for Delivery to South Africa • BLOZF • May 7, 2024 8:51 AM