Securities Purchase Agreement with Blackbridge Capital LLC
As of October 20, 2015, the Company entered into a Securities Purchase Agreement (the "Securities Purchase Agreement") with Blackbridge Capital, LLC ("Blackbridge"), whereby the Company, at its sole and exclusive option, may issue and sell to Blackbridge, from time to time as provided therein, and Blackbridge would purchase from the Company up to Five Million Dollars ($5,000,000) of the Company's fully registered, freely tradable common stock ("Shares"). The parties also entered into a Registration Rights Agreement dated October 20, 2015, whereby the Company has agreed to provide certain registration rights under the Securities Act of 1933, as amended (the "Securities Act"), and applicable state laws (the "Registration Agreement", and together with the Securities Purchase Agreement, the "Agreements"). Pursuant to the Agreements, the Company shall register the Shares pursuant to a registration statement on Form S-1 (or on such other form as is available to the Company within 30 days of the execution of the Agreements) (the "Registration Statement").
Subject to the terms and conditions of the Securities Purchase Agreement, the Company, at its sole and exclusive option, may issue and sell to Blackbridge, and Blackbridge shall purchase from the Company, the Shares upon the Company's delivery of written notices to Blackbridge. The aggregate maximum amount of all purchases that Blackbridge shall be obligated to make under the Securities Purchase Agreement shall not exceed $5,000,000. Once a written notice is received by Blackbridge, it shall not be terminated, withdrawn or otherwise revoked by the Company. http://biz.yahoo.com/e/151022/gldg8-k.html LMAO Once that happens a big time breakout will occur and fence sitters will have to buy at whatever price GLDG is driven up to from the massive buying.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.