Page 6, Exhibit F-3
Stockholders Deficit Statement
"Additional Paid in Capital" column:
Warrants granted for Service - 531,000
The 531k is in the same column as Shares issued for employee compensation, Shares issued to settle A/P, Shares issued for convertible notes... and a few other "liabilities".
The $531k is the VALUE of the warrants the company GAVE to the celebs rep company for services. It is NOT funds GIGL received.
Like I said, it's not a bad thing, but it is what it is...