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Thursday, May 18, 2017 12:29:04 PM
I think people are fine with accumulating with the knowledge that some day it will reach full value but for now the selling pressure will hold it down unless some large fund comes in and buys them up.
The Company issued the following shares of common stock during the three months ended March 31, 2017:
The Company issued 274,783 shares of common stock for cash of $68,697 representing the exercise of warrants at a price of $0.25 per shares.
The Company issued 2,410,392 shares of common stock (net of 623,813 shares held back for withholding taxes) to employees, officers, and directors in satisfaction of the following obligations: vested RSUs representing 2,533,246 shares of common stock, and bonus shares and shares previously accrued representing 500,959 shares of common stock. The Company charged the amount of $59,584 to additional paid-in capital representing the value of these shares that had not been previously charged to operations.
The Company issued 658,600 shares of common stock to its Chief Executive Officer for the conversion of a note payable at $0.25 per share.
The Company issued the following shares of common stock subsequent to March 31, 2017:
In April and May 2017, the Company issued 2,685,467 shares of common stock to investors for the conversion of principal and accrued interest on notes payable in the amounts of $146,377 and $524,990, respectively.
Otcbargains Undervalued Penny Plays
http://investorshub.advfn.com/Otcbargains-Undervalued-Penny-Plays-23198/
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