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Alias Born | 04/24/2009 |
Thursday, May 14, 2015 2:06:13 PM
On October 13, 2014 the Company issued 15,000,000 shares of its common stock to Baron Capital in exchange for a reduction of $15,000 of its principal and an agreement to freeze the interest from accruing for 6 months from November 6, 2014.
On March 3, 2015 the Company issued 10,000,000 shares of its common stock to Baron Capital in exchange for a reduction of $40,000 from principal its Convertible Note.
I don't know how many share Baron owns in WOGI, but assuming it's just the 25m and they are still holding that is 25m x .00525 = $131,250 are current price. Not bad for an exchange of $55,000.
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