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Re: Pisd post# 20043

Sunday, 11/29/2015 4:24:03 AM

Sunday, November 29, 2015 4:24:03 AM

Post# of 32544
pg 9 - $929,364.00 Caragol compensation 2014

pg 19 - "...Due to our current financial position, it is imperative that we complete one or more additional financings, however, at the current time we do not have a sufficient number of authorized shares to permit us to conduct this offering or any similar offering..."

pg 16 - "...There exists an inherent conflict of interest in the board approval of the issuance of Series I Preferred Stock to officers and directors of the Company, which granted themselves voting control over the Company..."

pg 26 - "...An optionee who receives an incentive stock option grant will not recognize any taxable income either at the time of grant or exercise of the option, although the exercise may subject the optionee to the alternative minimum tax..."


etcetera..., so on, whatnot, no product in sight

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