SERIOUSLY IN JEOPARDY OF SUSPENSION, EVTI IS CLOSE TO THREE YEARS BEHIND IN THEIR FILING REQUIREMENTS.
17 full pages of debt conversion is their 09/30/15 10-Q - THE LAST REPORT EVTI FILED
Almost the entire 10-Q is listing debt conversion, warrants, unregistered sales of equity securities
Preferred A shares have 1000:1 voting rights, but can’t be converted to common
Paid $100k for Gift Ya Now - worthless
On September 22, 2015, we entered into an Investment Agreement and Registration Rights Agreement (collectively the “Agreement”) with GHS in order to establish a source of funding. Pursuant to this Agreement, GHS will provide us with an equity line of financing of up to $7,750,000, and upon effectiveness of a Form S-1 Registration Statement. The minimum amount that we must request from GHS is $5,000 at any one time. GHS will purchase common stock from us based on the amount specified in each request for funding from GHS. Pursuant to the Equity Purchase Agreement, GHS and its affiliates will not be required to purchase shares of our common stock that would result in GHS’s beneficial ownership equaling more than 9.99% of our outstanding common stock.