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Re: janice shell post# 75213

Sunday, 08/31/2014 6:34:36 PM

Sunday, August 31, 2014 6:34:36 PM

Post# of 222203
To be a little more clear, the poster failed to mention this part in the last Q...

In March of 2008, the Company entered into an asset purchase agreement to purchase certain tangible and intangible assets for $65,000 in STLK common stock. As of June 30, 2014 and December 31, 2013, a liability totaling $0 and $43,333 respectively, exists related to these unissued shares. This liability was acquired in the merger. In coordination with Section 3(a)(10) of the Securities Act of 1933, stated by the Circuit Court of the Second Judicial Circuit in Florida, the Company agreed to pay for this debt and therefore moved this debt from the Liability to be Settled in Stock to a Settlement Liability

The alleged two new notes is actually 6 year old debt.

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