Friday, February 27, 2015 8:41:51 AM
5. In April 2009, the Company acquired all of the issued capital stock of AeroQuest
in exchange for 3,500,000 shares of Company Common Stock and the right to obtain 7,000,000
shares of Company Preferred Stock issued to the sole member of Aeroquest, Mr. John Ohlin.
Mr. Ohlin received the 7,000,000 shares of the Company’s preferred stock on February 15, 2011.
13. During the third quarter of 2014, the Company issued 500,000 shares of preferred
stock in exchange for $50,000.00.
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