BRNW's legal advisor recenty accepted restricted common shares as payment for services rendered....
From July 01, 2016 until July 29, 2016 the following number of shares of the Company’s common stock was issued:
a. On July 29, 2016 the Company issued 99,000,000 restricted shares in the name of Darrin Ocasio, of Sichenzia
Ross Friedman Ference LLP as legal fees for legal services rendered up until December 31, 2015 valued at
$9,900.
At the time I believe the stock was trading at .0001 yet he took restricted stock as payment. One must wonder why he would do that. Here is his bio....
"Mr. Darrin M. Ocasio, Esq has been the President of Mondo Acquisition V, Inc., since August 2008. Mr. Ocasio serves as Principal Executive Officer, Principal Financial Officer and Principal Accounting Officer of Mondo Acquisition V, Inc. Mr. Ocasio has been an Attorney at Sichenzia Ross Friedman Ference LLP since 2000 and as its Member since 2005. He served as the Principal Executive Officer, President, Principal Financial Officer and Principal Accounting Officer of Mondo Acquisition II, Inc. since October 2006. Mr. Ocasio served the President of Mondo Acquisition III, Inc. Mr. Ocasio joined Sichenzia Ross in 2000 and Partner in 2005. His practice is devoted to working on behalf of public and private companies across a diverse array of matters, including numerous private investments in public equity financings, filings of registration statements, public offerings, and various compliance issues with the Securities Act of 1933 and the Securities Exchange Act of 1934. Mr. Ocasio has been a Director of Mondo Acquisition VI, Inc., since August 15, 2008 and Mondo Acquisition V, Inc., since August 2008. He served as a Director of Midas Medici Group Holdings, Inc., Prior to Merger with UtiliPoint International, Inc. Mr. Ocasio served as a Director of Mondo Acquisition II, Inc. since October 2006 and Mondo Acquisition I, Inc. from October 30, 2006 to May 2009. He served as a Director of Mondo Acquisition III, Inc., since October 30, 2006. He served as Director of China Sports Holding Company Limited (a/k/a Kobe Sport (International) Company Limited) until February 26, 2010. Mr. Ocasio is admitted to practice in the New York State Bar. He serves as a Member of the Corporate and Securities Practice. At New York Law School, he served as a Member of the New York Law School Law Review. Mr. Ocasio received his Juris Doctor Degree from New York Law School in 2000."
Perhaps his background in mergers and acquisitions will come into play here.
