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Re: None

Tuesday, 07/07/2015 9:20:32 AM

Tuesday, July 07, 2015 9:20:32 AM

Post# of 45244
Authorized Share increase is needed to pay the insiders compensation.


(1) On March 1, 2015, Messrs. Henthorn and Steciw signed an employment agreement which provides for compensation of 5,000,000 shares of common stock each per year for the years 2009 through 2014 (totaling 30,000,000 shares each), and 5,000,000 shares each per year for the years 2015 through 2020 (totaling 30,000,000 shares each). The shares have not been issued, and will not be issued until there are sufficient authorized shares to do so.


http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=10784100

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