Halberd Corp (HALB)

[XenaLives]

HALB's only business, selling shares.

During January 2009, all of the convertible debt was converted to equity, resulting in the issuance of 4,508,000 shares of the Company’s common stock. Related accrued interest of $23,000 on these loans was also converted to equity, resulting in the issuance of 92,000 shares of the Company’s common stock. All shares in this note have been
adjusted to reflect the exchange discussed in Note 1.

During October 2009, the Company issued convertible promissory notes totaling $115,000 to two shareholders. The notes bear interest at 12% and are due after the 12-month anniversary date or anytime after the 12-month anniversary date but not more than 36-months after the note maturity date. The notes and any unpaid accrued interest are
convertible into shares of common stock at the average closing bid price of the stock over the preceding 10 trading days less a 25% discount. These notes and accrued interest were converted during June of 2012 for 39,019,104 shares of common stock.

During January 2010, the Company issued convertible promissory notes totaling $170,475 to two shareholders. The notes bear interest at 12% and are due after the 12-month anniversary date or anytime after the 12-month anniversary date but not more than 36-months after the note maturity date. The notes and any unpaid accrued interest are convertible into shares of common stock at the average closing bid price of the stock over the preceding 10 trading days less a 25% discount. The notes were not converted as of January 31, 2013.


5. RELATED PARTY
Stock holders loaned money to the Company to cover operating expenses. Total debt as of January 31, 2013 and July 31, 2012 is $11,568.
During the quarter ended January 31, 2011, a related party paid $19,025 of expenses for the benefit of Halberd Corporation. This advance does not bear interest.

A related party advances money to the Company as needed. These advances do not bear interest. The balance as of January 31, 2013 and July 31, 2012 is $178,042 and $155,292, respectively.

The balance of the related party payable consists of accrued expenses and accounts payable due to various shareholders.


6. NOTE PAYABLE

On August 1, 2011, a related party contributed a commercial building and its related operating assets and liabilities to the Company for a non-interest bearing loan in the amount of $869,893. The balance as of January 31, 2012 is $772,360.

Page 13 -

On August 24, 2012 the Company entered into an agreement to issue and sell 200,000,000 shares of the company’s common stock to the majority stock holder for $200,000. The $200,000 note receivable was unpaid as of January 31, 2013

http://www.otcmarkets.com/financialReportViewer?symbol=HALB&id=102858


Item 6- how they pulled cash out of the company. Page 13 - two hundred million shares didn't show up in recent filings. This must be the subject of the default judgment.


From the recent filings:

C. The number of shares offered;
1 - 53,247,035 common stock/ 2 – 5,000,000 preferred stock/ 3 – 441,278,914 common stock/ 4 – 5,000,000 common stock (to be cancelled as of July 7, 2014)/ 5 – 39,019,104 shares common stock/ 6 – 5,000,000 common stock

D. The price at which the shares were offered, and the amount actually paid to the issuer; 1 - .003/ 2 - .01/ 3 - .00063327/ 4.- Acquisition .0035/ 5 - .002947/ 6 – Acquisition .0063

E. The trading status of the shares; and 1 – Combination of free trading and restricted shares/ 2 – For control only/ 3 – free trading/ 4 – Restricted/ 5 – free trading/ 6 - Restricted

F. Whether the certificates or other documents that evidence the shares contain a legend (1) stating that the shares have not been registered under the Securities Act and (2) setting forth or referring to the restrictions on transferability and sale of the shares under the Securities Act.

C. John C Maddox is the Beneficial Owner and controls 83.333% of Company’s voting stock.

http://www.otcmarkets.com/financialReportViewer?symbol=HALB&id=123218

Part B Share Structure
1) Security Information
Trading Symbol: HALB
Exact title and class of securities outstanding: Common Stock
CUSIP: 405331109
Par or Stated Value: .001
Total shares authorized: 590,000,000 as of: 4/30/2014
Total shares outstanding: 123,634,139 as of: 4/30/2014
Additional class of securities (if necessary):
Trading Symbol: HALB
Exact title and class of securities outstanding: Preferred Stock
CUSIP: None
Par or Stated Value: .001
Total shares authorized: 10,000,000 as of: 4/30/2014
Total shares outstanding: 5,000,000 as of: 4/30/2014


2) Issuance History
Halberd Corporation conducted the following stock transactions during the last 24 months:
A. The nature of each offering (e.g., Securities Act Rule 504, intrastate, etc.); 1 - Debt Conversions during April 2013/ 2 - Preferred Stock Issuance August 15, 2013/ 3 - Debt Conversion May 7,
2013/ 4 – Acquisition 4/11/2014/ 5 – Convertible Note conversion June 15, 2012/ 6 – Acquisition of Crowd Connex Corporation

B. Any jurisdictions where the offering was registered or qualified;
None

C. The number of shares offered;
1 - 53,247,035 common stock/ 2 – 5,000,000 preferred stock/ 3 – 441,278,914 common stock/ 4 – 5,000,000 common
stock (to be cancelled as of July 7, 2014)/ 5 – 39,019,104 shares common stock/ 6 – 5,000,000 common stock

D. The price at which the shares were offered, and the amount actually paid to the issuer;
1 - .003/ 2 - .01/ 3 - .00063327/ 4.- Acquisition .0035/ 5 - .002947/ 6 – Acquisition .0063

E. The trading status of the shares; and
1 – Combination of free trading and restricted shares/ 2 – For control only/ 3 – free trading/ 4 – Restricted/ 5 – free
trading/ 6 - Restricted

F. Whether the certificates or other documents that evidence the shares contain a legend (1) stating that the shares have not been registered under the Securities Act and (2) setting forth or referring to the restrictions on transferability and sale of the shares under the Securities Act.
Where required, Yes.

http://www.otcmarkets.com/financialReportViewer?symbol=HALB&id=123218

So this "attractive share structure" stock is offering 441 million shares??? 200 million shares ommitted from last filing?