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Re: rickotto1 post# 9983

Wednesday, 11/16/2016 1:35:03 PM

Wednesday, November 16, 2016 1:35:03 PM

Post# of 13983
So this shady CEO Mr. Mann issued himself over 3 Million shares after the R/S? WTF?

[/Effective July 20, 2016, the issuer entered into a Debt Conversion Agreement (the “Agreement”) with its President and CEO, Jamie Mann. Under the Agreement Mr. Mann and the Company agreed to convert $225,000 in consulting fees due and owing by the Company to Mr. Mann’s consulting firm into shares of common stock at a price of $0.0703 per share. In extinguishment of the debt owed, Mr. Mann was issued a total of 3,200,569 shares.quote]

What the heck?

[/The Company does not currently own or lease any real property.quote]

What a joke, this Mann guy pays himself over 3M in shares for a consulting fee debt of over $200K? Who did he consult? Himself? Who, this looks really shady especially given they have ZERO revenue and nothing at all in the form of a Reverse Merger, very clear that is NOT happening either.