~Share were ISSUED, "Not Bought" : 8-K On December 23, 2015, the Company authorized the "Issuance of 582,293,105 shares of its Common Stock" in exchange for the satisfaction and settlement of $110,635.69 in debenture principal and accrued interest owed to Sack Lunch Productions, Inc. by the Company that will be removed from the Company's liabilities. The shares will be issued with a restrictive legend to Sack Lunch.
The total amount of debt to be debt that will be removed total $110,635.69, consisting of the principle amount of $66,000 and the accrued interest through the date of December 31, 2015. Authorization for the issuance of the above stated shares of Common Stock has been submitted to the Company's transfer agent for action.
ITEM 3.02 UNREGISTERED SALES OF EQUITY SECURITIES
On December 23, 2015, the Company authorized the issuance of 582,293,105 shares of Common Stock to Sack Lunch Productions, Inc. in exchange for the satisfaction and settlement of $66,000 in debenture principle and $44,635.69 of accrued interest owed to Sack Lunch by the Company that will be removed from the Company's liabilities. The shares will be issued with a restrictive legend to Sack Lunch.
The shares of Common Stock are to be issued with a restrictive legend.
The transactions were handled as private sales exempt from registration under Section 4(2) of the Securities Act of 1933.
ITEM 9.01 Financial Statements and Exhibits The following exhibits are included as part of this report:
Exhibit No.
Page No.
Description
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
Dated this 7th day of January, 2016.
Green Endeavors, Inc.
_/s/ Richard Surber_ Richard Surber, CEO & President
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