Friday, October 31, 2014 1:54:43 PM
For SMEV, every month Ajene Watson LLC was to be paid $15,000 at least in stock compensation. If they got funding or not. Example of a demand from Oct 2009 that covered couple of months.
DEMAND NOTICE FOR STOCK PAYMENT for October 2009
(TO BE BY Received by Ajene WATSON LLC COMMON STOCK COMPENSATION)
The undersigned hereby irrevocably elects ($40,200.00) DOLLARS of money owed to AJENE WATSON. LLC by Simulated Environment Concepts, Symbol SMEV, a Florida corporation.
Shares of Restricted Common Stock of SMEV according to the condiions set forth in an Engagement between WATSON, LLC and SMEV dated Sunday, August 2nd 2009. Accordingly. the aforementioned enuoned dollar amount shall reflect a total share amount equivalent to the closing Bid price discounted by 20% but calculating no less than $0.006 per share, as of the last day prior to the flrst trading date of the new month divided by the outstanding balance. This Demand Notice for Stock Payments SMEV shall issue to AJENEWATSON, LLC, a certificate or certificates for the number of shares of Restricted Common Stock set forth below in the name specified immediately below
# of Shares of Common Stock to be Issued: 6,700,000
October 30, 2009
Friday, October 30, 2009
$0.006
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