Pickett, CEO, disposed of 12m shares. He now has 50m shares.
Stephen Sadle, COO, disposed of 1m shares leaving him with 50m shares.
John M Fife is the sole shareholder of JFV, an Illinois Corporation, which is the sole shareholder of Red Cliffs, a Utah Corporation, which is the manager of Typenex, a Utah Limited Liability Company.
Typenex, under a Convertible Promissory Note (toxic debt) and a series of Warrants (discounted share purchase agreements) has an ownership cap of 9.99% of the 533m outstanding shares. They cannot convert debt to shares or purchase more discounted shares until they dispose of their 9.99% cap.
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