Viva Entertainment Group Inc (OTTV)

[powerbattles]

*********)))))))$OTTV GAME CHANGER NEXT WEEK.))))))))*******

Today many are in FEAR quickly make their decisions based on others input that was wrong, inaccurate, misleading info. The sad part that has created massive panic sell off which I think is totally unnecessary.

There are many important things to cover. However, I chose to debate on the main core which I feel was important to our investment.

SUPRISINGLY!!! YUP~~~~~ This is the agreement that they signed with various individuals worth $9,213,195 part of that is...

THE WAGES $8,768,449 IS THE FUTURE WAGES. THEY EXCEPTED THE TERM OF THE AGREEMENT AT THE SHARE PRICE REACHING ABOVE .09 CENTS. READ BELLOW...

NOTE 6 - COMMON STOCK

During the three months ended April 30, 2017 the Company had the following common stock transactions:

98,050,000 shares issued to various individuals for services previously rendered valued at a total of $9,213,195 using the share value on the date of agreement

For the three and six months ended April 30, 2017, we incurred operating expenses in the amounts of $9,259,133 and $9,495,681, respectively. We had no operating expenses incurred during the three and six months ended April 30, 2016. Our operating expenses were comprised of: (i) consulting services expenses of $6,640 and $32,305 for the three and six months ended April 30, 2017, respectively (ii) general and administrative expenses of $484,044 and $576,085 for the three and six months ended April 30, 2017, respectively, and (iii) wage expenses of $8,768,449 and $8,887,291 for three and six months ended April 30,
2017, respectively.

THIS IS THE CONTRACT AGREEMENT THAT THE COMPANY SIGN WITH INDIVIDUAL UNDER A CONTRACT OF EMPLOYMENT TO EXCEPT 98,050,000 SHARES VALUED AT A TOTAL $9,213,195 that is .0936 per share.

WOW!!! FOLK... LET GET THIS PANIC... "8 MILLION WAGES" CLEAR OUT OF THE WAY.

LET NOT FORGET!!!

THE INSIDER EXCEPTED THE "WAGES" AT THE SHARES PRICE OF .0936 PER SHARES.

Finally, To have a clear pic of how much they spend for the Salary and wages during their first quarter of April 30, 2017 please view...

Item 1. Financial Statements.

Accrued Salary and Wages $329,840 and in 2016 the amount is $148,242

To address most others concerns on the notes issue. Let roll down to the page

NOTE 4 – CONVERTIBLE NOTES PAYABLE

The following table summarized the convertible notes and activity in the six months ended April 30, 2017:

At the end of the note, you see that 53.795 assigned from EMS and the last one is $6,000 I strongly think those notes are done.

As Johnny said...PER CEO... there are 2 small notes remained

Schraub - $53k - assigned from EMS Find 3/27/17 3/31/18 53,795

Biz Development $6k - assigned from Hector Cruz Consulting Note 4/20/17 10/20/17 6,000

As we are expected the float is near 1 billion 3,046,810,436 - Restricted 2,120,000,000 = 926,810,436 the float

As of July 13, 2017, 3,046,810,436 shares of common stock, $0.00001 par value per share, were outstanding.

Subsequent to April 30, 2017, the Company issued a total of 2,120,000,000 shares of restricted common stock to several individuals on the conversion of notes payable and associated accrued interest.

One more thing I would like to address is the total amount lost since the inception that amount is total $2,209,397 and an accumulated deficit of $15,379,416. please do not allow that 15 million is scared you. An accumulated deficit of $15,379,416. is The account balance in retained earnings often is a positive credit balance from income accumulation over time. commonly referred to as accumulated deficit. This is very good for the company carries tax write off.

As of April 30, 2017 we had a working capital deficiency of $2,309,397, have not generated revenue, and have an accumulated deficit of $15,379,416.

I hope this explains to clear out of the panic and fear that created an unnecessary massive sell off occurred today.