Tuesday, July 15, 2014 7:19:08 PM
Total Operating Expenses. Substantially all our operating expense have been for professional services to various consultants. The majority of the consultants are being paid through the issuance of common stock. Such consulting services include, but are not limited to accounting, legal, business development, SEC reporting, investor relations and mergers and acquisitions. Our executive officers received no shares of common stock for their services during the year ended March 31, 2014. The common stock was issued at the markets closing price on the day of issuance.
Hence, the dilution noted.
IT IS WHAT IT IS.
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