Gotta love those death spirals. They need more suckers and stock.
During the quarter ended June 30, 3014 the Company issued the following shares of its common stock:
27,120,832 shares were issued pursuant to the conversion of $25,000 in debt plus accrued interest held by the debt holder for more than one year. The shares were issued without a restrictive legend pursuant to Rule 144. 29,569,892 shares were issued pursuant to the conversion of $25,000 in debt plus accrued interest held by the debt holder for more than one year. The shares were issued without a restrictive legend pursuant to Rule 144. 55,000,000 shares were issued pursuant to a securities purchase agreement in the amount of $100,000. The shares were sold to an accredited investor pursuant to an exemption from registration under Section 4(2) of the Securities Act and/or Regulation D. 30,864,197 shares were issued pursuant to the conversion of $25,000 in debt plus accrued interest held by the debt holder for more than one year. The shares were issued without a restrictive legend pursuant to Rule 144.
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