Logiq Inc (LGIQ)

[Elcappy1]

Want links?

You speak of it as Brent went and blew the O/S out of his butt all while paying himself $1000.00 a month and not doing anything to rid the company of debt. That's $12,000 a year in salary by the way. A Mcdonalds employee makes more than that. What CEO would pay himself 12k a year in the OTC?


http://ih.advfn.com/p.php?pid=nmona&article=66546441

Item 1.01 Entry into a Material Definitive Agreements.

On multiple dates during the years of 2012 and 2013, Convertible Notes were issued to Asher Enterprises, Inc., KBM Worldwide, Inc. and Magna Asset Services, Inc.

As of April 21, 2015, the convertible notes issued to Asher Enterprises Inc. and Magna Asset Services, Inc. were completely converted representing a zero balance outstanding.

An agreement is in place to retire the KBM Worldwide, Inc. convertible note and is expected to complete by May 29, 2015.

http://ih.advfn.com/p.php?pid=nmona&article=67022650

On May 25, 2015, Seratosa, Inc. sold a strategic stake of up to 51% of the company's common shares to a private investor group for up to $750,000. The funds will be utilized for Seratosa to complete its initiative for restructuring. The funding provides for up to $750,000 in funding for the Company in the form of restricted shares of the common stock that will be newly issued shares and subject to SEC rule 144.

In the private placement of the securities referenced under Item 1.01 of this report, Seratosa, Inc. is relying on the exemption from registration provided by Section 4(2) of the Securities Act of 1933. We believed that Section 4(2) was available because the offer and sale did not involve a public offering and there was not general solicitation or general advertising involved in the offer or sale and no fees were paid in connection with the transaction.

No thanks. I didn't need them.

Want links? Nah. It's in the 2 most recent filings. DD will get you what you seek.