Endeavor IP, Inc. (fka ENIP)

[Melly Mell]

It's a Proxy Prelim 14C , that was released today, not weeks ago.

They made the detailed decision weeks ago, but released it today.

Date : 03/03/2015 @ 1:49PM

In accordance with the foregoing, this Information Statement is first being mailed on or about March 13, 2015

The above actions will become effective as soon as possible but not less than 20 days after the date this Information Statement is first mailed to our Shareholders

&

Bilrip is Correct, As per yesterday via TA.....

Please note that the current outstanding number of shares is 181,844,981 and float is 111,423,576

Authorized increase right around the corner

KG called it yesterday.

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=111333230

Pretty sure the OS is maxed out, or close to it, but hey, means no dilution until the A/S increase. About a month to play here.

& Most of the REVS , if not ALL from last year went here:

Cost of Revenues

The expenses related to this settlement were legal fees of $563,907 and royalty expenses of $178,972. For the year ended October 31, 2013, we recorded legal fees of $60,000.


Operational Expenses

During the year ended October 31, 2014, we incurred compensation expenses of $452,650, an increase of $393,508 or 665% from $59,142 during the year ended October 31, 2013. The increase is a result of compensation and stock based compensation paid to the officers.

During the year ended October 31, 2014, we incurred director fees of $391,847, an increase of $323,597 or 474% from $68,250 during the year ended October 31, 2013. The changes resulted from consulting agreements during the year and compensation paid to additional appointed directors.

During the year ended October 31, 2014, we incurred professional fees of $878,434, an increase of $602,261 or 218% compared to $276,173 during the year ended October 31, 2013. The increase was due to additional professional services required by us from activities and filing requirements during the year. These fees are for professionals engaged by us for legal, accounting and auditors, investor relations and consulting services.

During the year ended October 31, 2014, we incurred general and administrative expenses of $280,559, an increase of $46,278 or 20% from $234,281 during the year ended October 31, 2013. The changes resulted mainly from filing and list expenses, travel expenses and insurance which we incurred during the year ended October 31, 2014 due to an increase in operations compared to the year ended October 31, 2013.

http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=10436727

They lined their pockets very well, & most likely will continue to do so.


All related to this as was alluded to in an earlier post..

Code of Ethics

We have not yet adopted a code of ethics that applies to our principal executive officers, principal financial officer, principal accounting officer or controller, or persons performing similar functions, since we have been focusing our efforts on obtaining financing for us. We expect to adopt a code as we develop our business. (LOL)

GL Though.

MM