DD Support Board and Research Team

[samsamsamiam]

Seaside 88 LP/NTEK/Codesmart Holdings


NTEK quarterly
http://www.otcmarkets.com/financialReportViewer?symbol=NTEK&id=121001

On February 14, 2014 the Company issued Seaside 88 LP, unrelated and non-affiliated investor, 3,000,000 shares of
restricted common stock containing the restrictive legend, at $0.0535 per share, as part of obligations under a previously
entered into contract as well as increasing the companies cash by $160,500.


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http://investing.businessweek.com/research/stocks/private/snapshot.asp?privcapId=59029762

Company Overview
Seaside 88, LP specializes in private investments in public equities (PIPEs).
750 Ocean Royale Way
Apartment 805
Juno Beach, FL 33408
United States
Key Executives For Seaside 88, LP
Mr. William J. Ritger
Manager
Dr. Denis M. O'Donnell
Managing Director
Age: 60

Recent Private Companies Transactions
Type
Date Target
Private Placement
March 7, 2014 Rightscorp, Inc.
Private Placement
January 23, 2014 Soul and Vibe Interactive Inc.
Private Placement
December 9, 2013 CodeSmart Holdings, Inc.

http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=10058095

Note 10 Standby Equity Securities Purchase Agreement

On December 9, 2013, the Company and Seaside 88, LP (“Seaside”) entered into a Securities Purchase Agreement, (the “Seaside SPA”). The Seaside SPA provides the Company with the ability to effect, at our option, monthly volume of our Common Stock until the earlier of December 9, 2014 or such time as an aggregate 3,000,000 shares of the Company’s Common Stock (the “Cap”) have been purchased by Seaside. For each closing, the per share purchase price for the Common Stock is an amount equal to the average of the high and low trading prices (measured in hundredths of cents) of the Common Stock on the OTCQB during normal trading hours for the five consecutive business days immediately prior to a closing date, multiplied by 50%. The per share purchase price is subject to a floor of $0.40 and if such floor is not met with respect to any particular closing, such closing will not occur. The failure to hold a closing as a result of not meeting the floor will not impact any subsequent closing. For each closing, the number of shares of Common Stock to be purchased by Seaside is equal to 10% of the total number of shares of Common Stock traded during normal trading hours during the 20 business days immediately preceding such closing. In no event will Seaside purchase shares in excess of the Cap, or if such purchase will cause Seaside’s beneficial ownership of shares to exceed 9.9% of the Company’s outstanding shares of Common Stock immediately subsequent to a closing. The Company may terminate the Agreement upon prior written notice to Seaside at any time.


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http://www.linkedin.com/pub/william-ritger/6/485/263
http://www.linkedin.com/pub/denis-o-donnell/14/a8b/44b?trk=pub-pbmap
http://www.seaside88.com/
http://www.goldstocks360.com/
http://banknotes360.com/