Notice the person who signed this MTRO pr as the IR contact.
You'll find him here in JRRD's annual report, as well. And perhaps his brother?
OPERATING COSTS
Administrative expenses were $494 for the fiscal year ended June 30, 2012, compared to $265 for the fiscal year ended June 30, 2011 and professional fees were $69,082 for the fiscal year ended June 30, 2012, compared to $131,174 a decrease of $62,092. There was a decrease in professional fees since we did not earn revenue in the current year and, as such, did not incur professional fees to earn revenue.
During the year ended June 30, 2012, the Company issued 669,000,000 shares of common stock valued at $44,600,000 for consulting services as follows:
i) The Company issued 81,000,000 shares of common stock to Al Kau on May 9, 2012 in exchange for introducing us to potential customers valued at $5,400,000.
ii) The Company issued 75,000,000 shares of common stock to Tony Diveronica on May 9, 2012 in exchange for introducing us to potential customers valued at $5,000,000.
iii) The Company issued 81,000,000 shares of common stock to Ray Kau on May 9, 2012 in exchange for introducing us to potential customers valued at $5,400,000.
iv) The Company issued 75,000,000 shares of common stock to Nadav Elituv on May 9, 2012 in exchange for software development services related to interactive displays valued at $5,000,000.
v) The Company issued 81,000,000 shares of common stock to Doug Clark on May 9, 2012 in exchange for consulting services related to filing our Forms 10-Q and 10-K valued at $5,400,000.
vi) The Company issued 60,000,000 shares of common stock to James M. McKinney on May 9, 2012 in exchange for accounting and bookkeeping services valued at $4,000,000.
vii) The Company issued 60,000,000 shares of common stock to Dan Masters on May 9, 2012 in exchange for legal services valued at $4,000,000.
viii) The Company issued 81,000,000 shares of common stock to Stuart Turk on May 9, 2012 in exchange for consulting services related to introductions to lawyers, accountants and broker-dealers valued at $5,400,000.
ix) The Company issued 75,000,000 shares of common stock to Bradley Southam on May 9, 2012 in exchange for software development services related to interactive displays valued at $5,000,000.
In addition, the Company recorded an impairment loss on licensing rights for interactive media technology of $64,500,000. As such, total operating costs were $109,169,576 for the fiscal year ended June 30, 2012, compared to $131,439 for the fiscal year ended June 30, 2011.
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