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STEVE SITS ON HIS COUCH ALL DAY EATING EGGS AND POSTING ON TWITTER AND IHUB AND TRADING PENNY STOCKS WITH YOUR MONEY!! WHILE YOU PAY HIS BILLS!! THAT GUY NEEDS A ETHICS CLASS BADLY! HOW DOES IT TAKE A STARTUP TO HIRE EMPLOYEES? GEEZ THE GUY USED CRAIGSLIST TO SETUP THE BOOTLEG FIRE HAZARD RIG SHED! THE PA FIRE MARSHAL WILL BE DOING A SURPRISE INSPECTION OF HIS FACILITY! I'VE ALREADY TIP THE CITY OFF TO THIS SCAMSTER, I SUGGEST EVERYONE DO THE SAME! THE TAX MAN AND SEC NEXT UP! BOMB THREATS ANYONE? ILLEGAL ACTIVITY GOING ON THERE. EXPECT SOME VISITORS STEVE! UNWANTED ATTENTION COMING!!!!!
OUCH! -18.75% -40% TO GO. MY GROUP ABOUT TO FINISH DUMPING NEXT WEEK! WE TOOK ADVANTAGE OF THE FAMOUS CLICHE FACEBOOK LIVE PENNY STOCK SCAM SHAREHOLDER CONFERENCE. BROUGHT .0014s NOW SELLING!! THANKS EVERYONE!!
OVER THIS COMPANY IS DYING A SLOW DEATH!! IF THE CEO DONT WAKE UP AND SMELL THE EGGS! TIME FOR A NEW VENTURE? HE WOULD BE BETTER OF GETTING INTO THE POWER MARKET AT THIS POINT! BUT HE WONT UNTIL THIS REACHES SUB PENNY! FACT IT WILL BE A WHILE BEFORE THAT HAPPENS WITH SUCH A LOW OS! HE WILL KEEP ISSUING DEBT AT DEEP DISCOUNTS TO FEED HIS FAMILY UNTIL OS IS A BLOATED PIG. THEN HE WILL SELL THOSE WORTHLESS RIGS, RS THEN CHANGE BUSINESS PLAN AND CHANGE TICKER AND NAME JUST LIKE LAST TIME! WRITING IS ON THE WALL FOLKS! FLIP IF YOU CAN BUT DONT BUY BASED ON BS TWEETS AND 'BUY THE DIPS" DISCLAIMERS!
GROUPS ABOUT DONE WITH THIS POS! WHOA WE DID IT AGAIN! THANKS FOR YOUR DONATIONS AND SUPPORT ONCE AGAIN YOU GUYS ARE TOO GENEROUS!
GUARANTEED -60% + IN SEVERAL AM TRADES TOMORROW! MARK THIS POST! NUTHIN BUT DAY TRADERS HERE! NO LONGS
STEVE HAS MANY TRICKS IN BAG! LOIs FOR FOR PUMPS! TWEETS FOR PUMPS! EMPTY BOXES ON TWITTER ON PUMPS! DTCC REPORTS FOR PUMPS! A/S INCREASE WITH HIGH RESTRICTIONS FOR PUMPS! LOAN FUNDER FOR PUMPS! NEMISIS RIGS FOR PUMPS! ILLEGAL ICOs FOR PUMPS! SHAREHOLDER MONIES AND MINED COINS WALLETS FOR HIS OWN PERSONAL BANK ACCOUNT! DID I MISS ANYTHING?
WHY DID THIS PUNK CEO FINALLY DISCLOSE THE LAWSUITS ONLY AFTER HE WAS BUSTED OUT ON IHUB? PAY UP CEO DEAD BEAT WITH FACE BOOK LIVE PUMPS! ONLY STINKY PINKIES DOES THIS.
GUARANTEED -60% IN ONE TRADE TOMORROW AT OPEN! MARK THIS POST! NUTHIN BUT DAY TRADERS HERE! NO LONGS
On November 27, 2018, Stout Law Group, P.A., the former counsel for the company and an affiliate of Matheau J. Stout, filed a Federal Complaint in the United States District Court for the District of Maryland (Stout Law Group, PA, v. VNUE, Inc.”, Civil Action No 1:18-CV-03614 JKB) for outstanding legal fees and other damages for work provided during the 2015 and 2016 fiscal years. The Complaint, as subsequently amended before submission of an answer by the Company, alleged total damages of $160,842.76 and other remedies. The Company denies any liability therein and after negotiation with the plaintiff, the foregoing action was voluntarily dismissed on February 27, 2019 by the plaintiff. The Company denies any liability in connection with the foregoing and is continuing to negotiate resolution of the matter with the Stout Law Group, S.A.
NICE SHORT POSITION!! Fidelity BORROWED 757,223 shares! BTW..ITS A SHAME WHEN CURRENT MODS EVEN ABANDON A STOCK!! INDIAN SAYS GOOD LUCK WITH THIS POS AND ENJOY YOUR LOSSES..SMH WHOSE NEXT? STEVE BACK TO OLD TRICKS NOW TRYING TO PUMP DTC REPORTS ON TWITTER AGAIN I SEE..SMH WHAT A LOSER HE IS NEXT HE WILL POST DEBT BALANCES AND CLAIM HE IS PAYING THEM DOWN! GUY IS SO PREDICTABLE!
fidelity owns shares? STR8 BS LOL!! PENNY STOCK PIPE DREAMS!! JUST STOP GUYS WAKE UP!! WHO'S NEXT? BERKSHIRE? HOW ABOUT Goldman Sachs? OR BETTER YET DAVID TEPPER'S Appaloosa Management!! YOU THINK THESE GUYS WANT A HANDFUL OF OUT-DATED RIGS A GENERIC DIY WEBSITE AND A 1970s CONDEMNED HAND-ME DOWN POWER PLANT? THEY HAVE BETTER THINGS TO DO THAN BUY IHUB PENNY STOCKS FROM AMATEUR HOUR SERIAL PENNY STOCK SCAMMER CEO! STEVE HAS NEVER EVEN HAD ANYONE WITH THAT TYPE OF STATUS IN HIS PRESENCE BEFORE AND NEVER WILL!! HEY STEVE! STICK TO IHUB AND TWITTER BOARDS BUDDY YOUR NET WORTH GOES UP AND DOWN DAILY BASED ON END OF DAY PAINT JOBS OF A PENNY STOCK
WHAT HAPPEN TO THE BIG REVS THE CEO SAID THEY WERE REPORTING THIS FILING PERIOD?? HE LIED!! LOOKING AT THE LATEST 10K HE IS LYING PEACE OF SHETT!!
$VNUE ACQUISITION DEADBEATS
On October 16, 2017, the Company entered into an agreement with PledgeMusic, Inc. (the “Seller”), whereby the Company acquired the digital live music distribution platform “Set.fm” from PledgeMusic. The purchase price for the acquisition was comprised of $50,000 paid in cash, and a purchase liability of $300,000, for an aggregate purchase price of $350,000. The purchase liability is payable on the net revenues derived from VNUE’s live recording and content business and must be paid in full to the Seller
A YEAR LATER
-As of September 30, 2018, there was no net revenue derived from the acquired assets and accordingly, no payments were made on the earnout.
On April 23, 2018, the Company entered into an agreement with MusicPlay Analytics, LLC (d/b/a Soundstr) (“Soundstr”) whereby the Company acquired the assets of Soundstr, a technology that aims to help businesses pay fairer music license fees based on actual music usage. The Company purchased the assets of Soundstr by agreeing to issue 2,275,000 shares of the Company’s common stock, valued at $68,250, based on the closing market price of the Company’s stock on the date of the agreement, and the Company agreed to assume and pay $234,487 of identified Soundstr obligations within 60 days of April 23, 2018.
5 MONTHS LATER
-The assumed Soundstr obligations of $234,487 were outstanding as of September 30, 2018.
NOBODY GIVES A HOOT ABOUT MINING CRYPTO ANYMORE!! BEATING A DEAD HORSE!! QUICK PUMP FOR IHUB SUCKERS.WE DONT INVEST IN GET RICH QUICK SCHEMES LIKE THIS. LAST TIME STEVE POSTED A OUTLOOK IT FAILED TERRIBLY, SAME WILL HAPPEN HERE!! HE IS SCAMMING YOU ALL BAGHOLDERS!! WE GOT IN AT .04 OUT AT 6.00!! WHEN BTC WAS 20K+. WHAT IS THE CURRENT HYPE ABOUT NOW BAGHOLDERS?
WOWZZERS! MULTI-PURPOSE COMPANY HERE!! SHIPPING, SELLING WOLF TICKETS. AND SCAMMING
YIKES!! RS ON DAILY FINRA LIST THIS SCAM DILUTED JUNK HAS NOBODY MAIN STREAM AND NEVER WILL!! GEEZ PRICE IS .002s DELISTED STINKY PINKY. COMPETITION IS MAINSTREAM MUSIC SERVICES THIS HAS NO CHANCE OF NUTHING. DEAD BEAT CEO UNDERWATER IN DEBT ALREADY DELISTED FOR THE 3RD TIME BK FILING IN-TOW
%1000 SCAM CASH GRAB!! A PUBLIC COMPANY?? THAT OPERATES PRIVATELY ON TWITTER!! ONLY GIVES SELECT INVESTORS INFO?? NOW NEW POSTERS DE-CRYPTING TWITTER MESSAGES? I TRUST STEVE AS FAR AS I CAN THROW HIM!! ONE MAN GOING TO RUN A POWER PLANT? MINING IS DEAD FOLKS MOVE ON!! CEO GOING TO GO BROKE TRY TO FORCE A SQUARE PEG IN A ROUND HOLE!! AND HE IS GOING TO TAKE A BUNCH FOOLS WITH HIM!! THIS GUY ONLY HAS IHUB INVESTORS AND NOBODY SERIOUS, STEVE COULD OF BEEN WENT MAIN STREAM INSTEAD HE LIKES TO PLAY GAMES AND DECEIVE INVESTORS, HE CAN ONLY GET AWAY WITH IT IN THE OTC!! SOMEBODY PINCH ME WHEN HE GETS SEROUS AND HAS SOMEONE ON PAYROLL BESIDES HIMSELF AND HIS BUDDY POSTER HERE!! %1000 SCAM CASH GRAB
TRDX? THATS JUNK THE OS IS BILLIONS AND RS BOUND
THAT WEAK PUMP IS OVER!! WHEN A CEO USES FACEBOOK LIVE FOR INVESTOR CONFERENCES RUN! RUN!! HE NOW CHECKS ALL THE BLOCKS FOR BEING A STINKY PINKY CEO!! HE IS A FAILURE!! PAY YOUR BILLS DEADBEAT CEO
DEADBEAT CEO IS ADDICTED TO TOXIC FUNDING AND ISSUING HIMSELF SHARES RS WAS ONLY 2YRS AGO and HAS MANY LAWSUITS PENDING. BK HERE AND PINKS COMING
OTCQB Companies must meet a minimum $0.01 bid price test and may not be in bankruptcy.
-Stout Law Group PA filed a complaint in the U.S. District Court for the District of Maryland Northern Division against VNUE Inc. alleging unjust enrichment and other counts.
The plaintiff alleges it is owed $100,842.76 for its services and that it also is owed $60,000 worth of VNUE common stock.
-Safris et al v. Vnue, Inc. et al
-Hughes Media Law Group, Inc. filed a lawsuit against VNUE, Inc. in the Superior Court of King County, Washington claims damages of $130,553 for unpaid legal fees
On October 19, 2018, the Company issued a convertible note to Power Up Lending Group Ltd. (the “Buyer”) in the principal amount of $35,000 with an interest rate of 12% per annum (22% on default) and a maturity date of October 18, 2019. The note is convertible into shares of common stock of the Company at a 38% discount of the two (2) lowest closing bid prices for the Company’s common stock during the prior fifteen (15) trading day period. The Buyer is limited to convert no more than 4.99%, at any one time, of the issued and outstanding common stock of the Company. The convertible note is subject to prepayment penalties. The Company instructed its transfer agent to reserve 38,602,941 shares of its common stock.
On October 18, 2018, the Company issued a convertible note to a private investor (the “Buyer”) in the principal amount of $50,000 with an interest rate of 10% per annum and a maturity date of March 19, 2020. The note is convertible into shares of common stock of the Company at 75% of the per share stock price in the equity funding, but in no event shall the conversion price be less than $0.035 per share. The convertible note is not subject to prepayment penalties.
On October 23, 2018, the Company issued a convertible note to LG Capital Funding, LLC (the “Buyer”) in the principal amount of $52,500 with an interest rate of 8% per annum (24% on default) and a maturity date of October 23, 2019. The note is convertible into shares of common stock of the Company at a 42% discount of the lowest trading price of the Company’s common stock for the twenty (20) prior trading days including the day upon which the notice of conversion is received by the Company. The Buyer is limited to convert no more than 4.90%, at any one time, of the issued and outstanding common stock of the Company. The convertible note is subject to prepayment penalties. The Company instructed its transfer agent to reserve 40,640,000 shares of its common stock.
Subsequent to September 30, 2018, the Company issued 2,000,000 shares of common stock, for consulting services, valued at $19,950, or $0.01 per share.
On October 23, 2018, Crossover Capital Fund II, LLC (see Note 6) elected to convert $10,130 of outstanding principal and $370 of outstanding accrued interest into 3,000,000 shares of the Company’s common at $0.0035 per share.
In August 2014 the Company issued a series of convertible notes with various interest rates ranging up to 10% per annum. The Note Conversion Price is determined as follows: (a) if the Note is converted upon the Next Equity Financing, an amount equal to 80% of the price paid per share paid by the investors in the Next Equity Financing; (b) if the Note is converted in the event of a Corporate Transaction, a price per share derived by dividing a “pre-money” valuation of $8,000,000 by the number of shares outstanding immediately prior to the time of such conversion, on a fully diluted basis; or (c) if the Note is converted as part of a Maturity Conversion, a price per unit derived by dividing a “pre-money” valuation of $8,000,000 by the total number of units (restricted and non-restricted) outstanding immediately prior to the time of such conversion, on a fully diluted basis. The notes are due and payable on demand at any time after the earlier of (i) 36 months following the note issuance or (ii) the consummation of a corporate transaction if not previously converted. The balance of the notes outstanding was $55,000 as of March 31, 2018 and December 31, 2017, of which $30,000 was due to related parties.
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Table of Contents
(b) On May 9, 2016 the Company issued a convertible note to YLimit, LLC in the principal amount of $100,000 with interest at 10% per annum and due on May 9, 2018. The note is secured by the Company’s rights, titles and interests in all the Company’s tangible and intangible assets, including intellectual property and proprietary software whether existing now or created in the future. On August 25, 2017, the Note was amended to authorize total borrowings on this Note to $517,000, and as such an additional $217,000 was advanced to the Company with the terms remaining the same except that the conversion feature was modified to state that all borrowings under the note will be converted at 85% of the per share stock price in the equity funding, but in no event shall the conversion price be less than $0.035 per share. The balance of the notes outstanding was $517,000 as of December 31, 2017 and the balance of the debt discount was $137,358. During the three months ended March 31, 2018, the Company borrowed an additional $10,000. The balance of notes outstanding was $527,000 as of March 31, 2018 and the balance of the debt discount was $40,885 (see Note 10).
(c) On August 21, 2017, the Company issued a convertible note to Crossover Capital Fund II, LLC (the “Buyer”) in the principal amount of $61,000 with an interest rate of 8% per annum and a maturity date of August 21, 2018. The note included an original issue discount of $6,000. The note is convertible into shares of common stock of the Company at 50% of the lowest closing bid price in the 20 trading days prior to the day that the Buyer request. The balance of the note outstanding was $61,000 as of March 31, 2018 and December 31, 2017, respectively. The balance of the debt discount was $1,839 and $38,940 as of March 31, 2018 and December 31, 2017, respectively.
On March 2, 2018, the Company issued a second convertible note to Crossover Capital Fund II, LLC (the “Buyer”) in the principal amount of $38,500 with an interest rate of 10% per annum and a maturity date of December 2, 2018. The note included an original issue discount of $3,500. The note is convertible into shares of common stock of the Company at the lower of (i) $0.019 per share or, (ii) 50% of the lowest closing bid price in the 20 trading days prior to the day that the Buyer request. In the event of default, as defined in the note agreement, interest shall accrue at a default interest rate of 19% per annum or at the highest rate of interest permitted by law, whichever is less. If the Company loses the bid price for its stock in the market (including the OTC marketplace or other exchange) or the Company’s common stock is delisted from an exchange or if trading has been suspended for more than 10 consecutive days, the outstanding principal amounts would increase 20% or 50%, respectively. The Company is required to instruct its transfer agent to reserve 25,000,000 share of its common stock. The balance of the note outstanding, and the related debt discount was $38,500 and $34,440 as of March 31, 2018, respectively.
(d) From September 1, 2017 to December 31, 2017, the Company issued convertible notes to Golock Capital, LLC (“Lender”) in the aggregate principal amount of $191,750 with an interest rate at 10% per annum and maturity dates between June 1, 2018 and August 31, 2018. The notes are convertible into shares of the Company’s common stock at prices between $0.015 and $0.02 per share. As additional consideration for the Lender to enter into this agreement with the Company, the Company issued warrants to the Lender to acquire in the aggregate 4,804,708 shares of the Company’s common stock at a weighted average exercise price of $0.014 per share. In addition, the Lender shall have the first right of refusal as to any future funding of Borrower in that Lender shall have the right to provide all or a portion of the funding upon the same terms as those offered in writing by any third party or contained in any private placement of borrower. The Lender, upon conversion, shall have piggy back registration rights for all of its common stock shares in any registration or post-effective amendment to any registration initiated by Borrower with the Securities and Exchange Commission. The balance of the notes outstanding was $191,750 as of March 31, 2018 and December 31, 2017. The balance of the debt discount was $5,365 and $19,652 as of March 31, 2018 and December 31, 2017, respectively.
On February 2, 2018, the Company issued a convertible note to Golock Capital, LLC (“Lender”) in the principal amount of $40,000 with an interest rate at 10% per annum and a maturity date of November 2, 2018. The note included an original issue discount of $5,000. The note is convertible into shares of the Company’s common stock at $0.015 per share. As additional consideration for the Lender to enter into this agreement with the Company, the Company issued warrants to the Lender to acquire in the aggregate 2,500,000 shares of the Company’s common stock at an exercise price of $0.015 per share (see Note 9). In addition, the Lender shall have the first right of refusal as to any future funding of Borrower in that Lender shall have the right to provide all or a portion of the funding upon the same terms as those offered in writing by any third party or contained in any private placement of borrower. The Lender, upon conversion, shall have piggy back registration rights for all of its common stock shares in any registration or post-effective amendment to any registration initiated by Borrower with the Securities and Exchange Commission. The balance of the note outstanding, and the related debt discount was $40,000 and $31,648 as of March 31, 2018, respectively.
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(e) On December 20, 2017, the Company issued a convertible note to DBW Investments, LLC (“Lender”) in the principal amount of $21,000 with an interest rate of 10% per annum and a maturity date of September 20, 2018. The note included an original issue discount of $1,000. The note is convertible into shares of the Company’s common stock at $0.015 per share. As additional consideration for the Lender to enter into this agreement with the Company, the Company issued a warrant to the Lender for 200,000 shares of the Company’s common stock at an exercise price of $0.01 per share. The balance of the note outstanding was $21,000 as of March 31, 2018 and December 31, 2017. The balance of the debt discount was $1,309 and $2,073 as of March 31, 2018 and December 31, 2017, respectively.
On January 18, 2018, the Company issued a second convertible note to DBW Investments, LLC (“Lender”) in the principal amount of $35,000, which included an original issue discount of $5,000, with an interest rate at 10% per annum and a maturity date of October 18, 2018. The note is convertible into shares of the Company’s common stock at $0.015 per share. As additional consideration for the Lender to enter into this agreement with the Company, the Company issued warrants to the Lender to acquire in the aggregate 2,500,000 shares of the Company’s common stock at an exercise price of $0.015 per share. The balance of the note outstanding, and the related debt discount was $35,000 and $7,633 as of March 31, 2018, respectively.
WOW $heme new office IS STATE OF THE ART!!. PLUS THEY CAN SHIP PACKAGES!! LMAO!!
$heme new office. management is busy! pic.twitter.com/DAPqI5sVIJ
— BuYMoreMoney (@iLikeMyTurtles) April 9, 2019
OMG!! WILL BE A 200+ Million OS .04 CENT STINKY PINKY BEFORE YOU KNOW IT!!
STEVE'S PLAN IS TO RS AGAIN RINSE AND REPEAT!! LIKE HE ALWAYS DOES. RUNN UP DEBT AND MAKE SHAREHOLDERS PAY!! I FELL SORRY FOR THOSE THAT TRUSTED THIS GUY!!
LOL!! LOOK AT THE SHARE PRICE .001s STINKY PINKY JUNK FOR SURE!! PIPE DREAM WITH NO OPERATIONS!!
THIS COMPANY IS FLAT BROKE!! A ONE TRICK PONY!!
YOU WERE ALL WARNED!! CEO ONLY CARES ABOUT HIS OWN POCKETS!! AND SELLING WORTHLESS SHARES!!
THIS IS NOTHING BUT A PUMP AND DUMP RECYCLE STOCK! EVERYONE WAITING ON THE NEXT PUMP!! TO ONLY DUMP IT..REPEAT REPEAT!!
BOUT TIME FOR CEO TO RS FOR QB STATUS JUST LIKE 2 YEARS AGO! OS WAS 200mIL LAST RS!!
But you still dumped on Friday for .055 for beer money when you brought at .08 during the week. GTFOH clown
.001s INBOUND BABY!! POST FRONT LOAD DUMP!! RS NEAR WITH MERGER!! YOU BEEN WARNED!! OS 700ish TO HIGH WILL CLEAN UP SS FIRST WITH MERGER!! DO SOME DD ON LAZAR HIGH OS SHELLS AND TELL US IF WE WRONG!!
EVERYONE CHECK THE CHART AND SEE THE FRONT LOAD!! AND TELL ME I AM WRONG!!
LAZAR ALWAYS RS HIS HIGH OS SHELLS WITH THE MERGER!! DO SOME DD!! WE WOULD HELD AFTER UNTIL THE MERGER IF OS WASNT SO HIGH!!
WANT PROOF? LOOK AT THE CHART!!
MERGER SMERGER BAGHOLDERS!!
WAS ONE OF THE EASIEST FRONT LOAD!! THIS PLAY WILL MERGE WITH RS!! OS TO HIGH!! HAPPENS ALL THE TIME!!
LIKE CLOCKWORK!! Notification That Annual Report Will Be Submitted Late (nt 10-k)
OUCH RS FILING ON NEVADA SOS!! PULLED FOR CORRECTIONS SHOULD BE BACK ON SOON.
MAKES SENSE THO OS IS A LITTLE HIGH HERE, I WAS NOT SURPRISED
PLAIN AS DAY Going Concern and Steve already started his bi-yearly dilution-to-RS- marathon Bunch of worthless outdated toasters he have!
-Why dont he post the daily gains anymore from mining?
-When are you going to admit the company is bleeding instead of Saying "but the dips"
-Post proof of your holdings if you own any, you dont own nuthing!!
Just a paid pumper for Frogman Steve
We had total current assets of $69,478, including $51,627 in cash, and total current liabilities of $10,249,528, resulting in negative working capital of $14,080,050. Included in total current liabilities are derivative liabilities totaling $1,002,993
NEWS OUT FINALLY!!!
VNUE, Inc CEO Provides Update to Shareholders
Press Release | 03/26/2019
NEW YORK, NY / ACCESSWIRE / March 26, 2019 / VNUE, Inc. (OTCQB: VNUE) today announced that its Chairman and CEO released an update to shareholders as follows:
Dear Bagholders and VNUE funkies:
So much has happened in relatively short time that I have been with the company, I thought it would be helpful to put it all into one update so you can see the incredible toxic funding that I orchestrate monthly and sometimes I do it multiple times in the same month a week apart.
In May of 2016, I stepped into the role of CEO of VNUE, and went to work on obtaining toxic notes as a scam company. As a going concern, the company is flat broke, and we do not have what it takes to be a viable technology, we have zero revenue, several legal issues, and very little resource. Additionally, there was a substantial amount of toxic debt on the books. Well that is it folks. Low Resolution 320p recordings coming soon as we issued more toxic notes.
VNUE, Inc. Releases MS Dos Update For Its Set.fm
.0000 TRIPPS INBOUND!!KEEP WAITING ON NEWSWIRE!! YOU'LL BE WAITING ON THE BUS STOP OR AT THE SOUP KITCHEN NEWBIE!! $VNUE IS FLAT BROKE WITH A DEADBEAT CEO HOW CAN ANYONE TRUST A COMPANY THAT DOESN'T PAY THEIR BILLS? IS YOUR MONEY IN GOOD HANDS? GOTTA ACCEPT RESPONSIBILITY AT SOME POINT!!
$VNUE ACQUISITION DEADBEATS
On October 16, 2017, the Company entered into an agreement with PledgeMusic, Inc. (the “Seller”), whereby the Company acquired the digital live music distribution platform “Set.fm” from PledgeMusic. The purchase price for the acquisition was comprised of $50,000 paid in cash, and a purchase liability of $300,000, for an aggregate purchase price of $350,000. The purchase liability is payable on the net revenues derived from VNUE’s live recording and content business and must be paid in full to the Seller
A YEAR LATER
-As of September 30, 2018, there was no net revenue derived from the acquired assets and accordingly, no payments were made on the earnout.
On April 23, 2018, the Company entered into an agreement with MusicPlay Analytics, LLC (d/b/a Soundstr) (“Soundstr”) whereby the Company acquired the assets of Soundstr, a technology that aims to help businesses pay fairer music license fees based on actual music usage. The Company purchased the assets of Soundstr by agreeing to issue 2,275,000 shares of the Company’s common stock, valued at $68,250, based on the closing market price of the Company’s stock on the date of the agreement, and the Company agreed to assume and pay $234,487 of identified Soundstr obligations within 60 days of April 23, 2018.
5 MONTHS LATER
-The assumed Soundstr obligations of $234,487 were outstanding as of September 30, 2018.
WHO DOES THIS CEO THINK HE IS FOOLING? MINERS ARE LOSSING NOW BE HE BLATANTLY SELLING WOLF TICKETS. WILL BE A CANNABIS COMPANY SOON
Integrated Ventures Announces Signing of Letter of Intent to Acquire 80 MW Power Plant For 39 Million With Capacity to Host Up To 52,000 Mining Rigs
Press Release | 03/18/2019
Integrated Ventures Announces Signing of Letter of Intent to Acquire 80 MW Power Plant For 39 Million With Capacity to Host Up To 52,000 Mining Rigs
$INTV STILL TRYING TO MINE CRYTO?? CEO IS DESPERATE WILL CONTINUE TO GO FLAT BROKE BETTING ON A CRYPTO HE EVEN TRYING A COIN ICO AND TRYING TO BUY A NATURAL GAS PLANT. JUST BECAUSE HE IS A SEC FILER DONT MAKE HIM A LEGIT CEO!!
$VNUE IS FLAT BROKE WITH A DEADBEAT CEO HOW CAN ANYONE TRUST A COMPANY THAT DOESN'T PAY THEIR BILLS? IS YOUR MONEY IN GOOD HANDS? GOTTA ACCEPT RESPONSIBILITY AT SOME POINT!!
$VNUE ACQUISITION DEADBEATS
On October 16, 2017, the Company entered into an agreement with PledgeMusic, Inc. (the “Seller”), whereby the Company acquired the digital live music distribution platform “Set.fm” from PledgeMusic. The purchase price for the acquisition was comprised of $50,000 paid in cash, and a purchase liability of $300,000, for an aggregate purchase price of $350,000. The purchase liability is payable on the net revenues derived from VNUE’s live recording and content business and must be paid in full to the Seller
A YEAR LATER
-As of September 30, 2018, there was no net revenue derived from the acquired assets and accordingly, no payments were made on the earnout.
On April 23, 2018, the Company entered into an agreement with MusicPlay Analytics, LLC (d/b/a Soundstr) (“Soundstr”) whereby the Company acquired the assets of Soundstr, a technology that aims to help businesses pay fairer music license fees based on actual music usage. The Company purchased the assets of Soundstr by agreeing to issue 2,275,000 shares of the Company’s common stock, valued at $68,250, based on the closing market price of the Company’s stock on the date of the agreement, and the Company agreed to assume and pay $234,487 of identified Soundstr obligations within 60 days of April 23, 2018.
5 MONTHS LATER
-The assumed Soundstr obligations of $234,487 were outstanding as of September 30, 2018.
VNUE, Inc CEO Provides Update to Shareholders
Press Release | 03/25/2019
NEW YORK, NY / ACCESSWIRE / March 25, 2019 / VNUE, Inc. (OTCQB: VNUE) today announced that its Chairman and CEO released an update to shareholders as follows:
Dear Bagholders and VNUE funkies:
So much has happened in relatively short time that I have been with the company, I thought it would be helpful to put it all into one update so you can see the incredible toxic funding that I orchestrate monthly and sometimes I do it multiple times in the same month a week apart.
In May of 2016, I stepped into the role of CEO of VNUE, and went to work on obtaining toxic notes as a scam company. As a going concern, the company is flat broke, and we do not have what it takes to be a viable technology, we have zero revenue, several legal issues, and very little resource. Additionally, there was a substantial amount of toxic debt on the books. Well that is it folks. Low Resolution 320p recordings coming soon as we issued more toxic notes.
VNUE, Inc. Releases Windows 95 Update For Its Set.fm
LOL!! LOOK AT THE SHAREPRICE!! DEADBEAT CEO IS ADDICTED TO TOXIC FUNDING AND ISSUING HIMSELF SHARES RS WAS ONLY 2YRS AGO and HAS MANY LAWSUITS PENDING. BK HERE AND PINKS COMING
OTCQB Companies must meet a minimum $0.01 bid price test and may not be in bankruptcy.
-Stout Law Group PA filed a complaint in the U.S. District Court for the District of Maryland Northern Division against VNUE Inc. alleging unjust enrichment and other counts.
The plaintiff alleges it is owed $100,842.76 for its services and that it also is owed $60,000 worth of VNUE common stock.
-Safris et al v. Vnue, Inc. et al
-Hughes Media Law Group, Inc. filed a lawsuit against VNUE, Inc. in the Superior Court of King County, Washington claims damages of $130,553 for unpaid legal fees
On October 19, 2018, the Company issued a convertible note to Power Up Lending Group Ltd. (the “Buyer”) in the principal amount of $35,000 with an interest rate of 12% per annum (22% on default) and a maturity date of October 18, 2019. The note is convertible into shares of common stock of the Company at a 38% discount of the two (2) lowest closing bid prices for the Company’s common stock during the prior fifteen (15) trading day period. The Buyer is limited to convert no more than 4.99%, at any one time, of the issued and outstanding common stock of the Company. The convertible note is subject to prepayment penalties. The Company instructed its transfer agent to reserve 38,602,941 shares of its common stock.
On October 18, 2018, the Company issued a convertible note to a private investor (the “Buyer”) in the principal amount of $50,000 with an interest rate of 10% per annum and a maturity date of March 19, 2020. The note is convertible into shares of common stock of the Company at 75% of the per share stock price in the equity funding, but in no event shall the conversion price be less than $0.035 per share. The convertible note is not subject to prepayment penalties.
On October 23, 2018, the Company issued a convertible note to LG Capital Funding, LLC (the “Buyer”) in the principal amount of $52,500 with an interest rate of 8% per annum (24% on default) and a maturity date of October 23, 2019. The note is convertible into shares of common stock of the Company at a 42% discount of the lowest trading price of the Company’s common stock for the twenty (20) prior trading days including the day upon which the notice of conversion is received by the Company. The Buyer is limited to convert no more than 4.90%, at any one time, of the issued and outstanding common stock of the Company. The convertible note is subject to prepayment penalties. The Company instructed its transfer agent to reserve 40,640,000 shares of its common stock.
Subsequent to September 30, 2018, the Company issued 2,000,000 shares of common stock, for consulting services, valued at $19,950, or $0.01 per share.
On October 23, 2018, Crossover Capital Fund II, LLC (see Note 6) elected to convert $10,130 of outstanding principal and $370 of outstanding accrued interest into 3,000,000 shares of the Company’s common at $0.0035 per share.
In August 2014 the Company issued a series of convertible notes with various interest rates ranging up to 10% per annum. The Note Conversion Price is determined as follows: (a) if the Note is converted upon the Next Equity Financing, an amount equal to 80% of the price paid per share paid by the investors in the Next Equity Financing; (b) if the Note is converted in the event of a Corporate Transaction, a price per share derived by dividing a “pre-money” valuation of $8,000,000 by the number of shares outstanding immediately prior to the time of such conversion, on a fully diluted basis; or (c) if the Note is converted as part of a Maturity Conversion, a price per unit derived by dividing a “pre-money” valuation of $8,000,000 by the total number of units (restricted and non-restricted) outstanding immediately prior to the time of such conversion, on a fully diluted basis. The notes are due and payable on demand at any time after the earlier of (i) 36 months following the note issuance or (ii) the consummation of a corporate transaction if not previously converted. The balance of the notes outstanding was $55,000 as of March 31, 2018 and December 31, 2017, of which $30,000 was due to related parties.
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(b) On May 9, 2016 the Company issued a convertible note to YLimit, LLC in the principal amount of $100,000 with interest at 10% per annum and due on May 9, 2018. The note is secured by the Company’s rights, titles and interests in all the Company’s tangible and intangible assets, including intellectual property and proprietary software whether existing now or created in the future. On August 25, 2017, the Note was amended to authorize total borrowings on this Note to $517,000, and as such an additional $217,000 was advanced to the Company with the terms remaining the same except that the conversion feature was modified to state that all borrowings under the note will be converted at 85% of the per share stock price in the equity funding, but in no event shall the conversion price be less than $0.035 per share. The balance of the notes outstanding was $517,000 as of December 31, 2017 and the balance of the debt discount was $137,358. During the three months ended March 31, 2018, the Company borrowed an additional $10,000. The balance of notes outstanding was $527,000 as of March 31, 2018 and the balance of the debt discount was $40,885 (see Note 10).
(c) On August 21, 2017, the Company issued a convertible note to Crossover Capital Fund II, LLC (the “Buyer”) in the principal amount of $61,000 with an interest rate of 8% per annum and a maturity date of August 21, 2018. The note included an original issue discount of $6,000. The note is convertible into shares of common stock of the Company at 50% of the lowest closing bid price in the 20 trading days prior to the day that the Buyer request. The balance of the note outstanding was $61,000 as of March 31, 2018 and December 31, 2017, respectively. The balance of the debt discount was $1,839 and $38,940 as of March 31, 2018 and December 31, 2017, respectively.
On March 2, 2018, the Company issued a second convertible note to Crossover Capital Fund II, LLC (the “Buyer”) in the principal amount of $38,500 with an interest rate of 10% per annum and a maturity date of December 2, 2018. The note included an original issue discount of $3,500. The note is convertible into shares of common stock of the Company at the lower of (i) $0.019 per share or, (ii) 50% of the lowest closing bid price in the 20 trading days prior to the day that the Buyer request. In the event of default, as defined in the note agreement, interest shall accrue at a default interest rate of 19% per annum or at the highest rate of interest permitted by law, whichever is less. If the Company loses the bid price for its stock in the market (including the OTC marketplace or other exchange) or the Company’s common stock is delisted from an exchange or if trading has been suspended for more than 10 consecutive days, the outstanding principal amounts would increase 20% or 50%, respectively. The Company is required to instruct its transfer agent to reserve 25,000,000 share of its common stock. The balance of the note outstanding, and the related debt discount was $38,500 and $34,440 as of March 31, 2018, respectively.
(d) From September 1, 2017 to December 31, 2017, the Company issued convertible notes to Golock Capital, LLC (“Lender”) in the aggregate principal amount of $191,750 with an interest rate at 10% per annum and maturity dates between June 1, 2018 and August 31, 2018. The notes are convertible into shares of the Company’s common stock at prices between $0.015 and $0.02 per share. As additional consideration for the Lender to enter into this agreement with the Company, the Company issued warrants to the Lender to acquire in the aggregate 4,804,708 shares of the Company’s common stock at a weighted average exercise price of $0.014 per share. In addition, the Lender shall have the first right of refusal as to any future funding of Borrower in that Lender shall have the right to provide all or a portion of the funding upon the same terms as those offered in writing by any third party or contained in any private placement of borrower. The Lender, upon conversion, shall have piggy back registration rights for all of its common stock shares in any registration or post-effective amendment to any registration initiated by Borrower with the Securities and Exchange Commission. The balance of the notes outstanding was $191,750 as of March 31, 2018 and December 31, 2017. The balance of the debt discount was $5,365 and $19,652 as of March 31, 2018 and December 31, 2017, respectively.
On February 2, 2018, the Company issued a convertible note to Golock Capital, LLC (“Lender”) in the principal amount of $40,000 with an interest rate at 10% per annum and a maturity date of November 2, 2018. The note included an original issue discount of $5,000. The note is convertible into shares of the Company’s common stock at $0.015 per share. As additional consideration for the Lender to enter into this agreement with the Company, the Company issued warrants to the Lender to acquire in the aggregate 2,500,000 shares of the Company’s common stock at an exercise price of $0.015 per share (see Note 9). In addition, the Lender shall have the first right of refusal as to any future funding of Borrower in that Lender shall have the right to provide all or a portion of the funding upon the same terms as those offered in writing by any third party or contained in any private placement of borrower. The Lender, upon conversion, shall have piggy back registration rights for all of its common stock shares in any registration or post-effective amendment to any registration initiated by Borrower with the Securities and Exchange Commission. The balance of the note outstanding, and the related debt discount was $40,000 and $31,648 as of March 31, 2018, respectively.
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(e) On December 20, 2017, the Company issued a convertible note to DBW Investments, LLC (“Lender”) in the principal amount of $21,000 with an interest rate of 10% per annum and a maturity date of September 20, 2018. The note included an original issue discount of $1,000. The note is convertible into shares of the Company’s common stock at $0.015 per share. As additional consideration for the Lender to enter into this agreement with the Company, the Company issued a warrant to the Lender for 200,000 shares of the Company’s common stock at an exercise price of $0.01 per share. The balance of the note outstanding was $21,000 as of March 31, 2018 and December 31, 2017. The balance of the debt discount was $1,309 and $2,073 as of March 31, 2018 and December 31, 2017, respectively.
On January 18, 2018, the Company issued a second convertible note to DBW Investments, LLC (“Lender”) in the principal amount of $35,000, which included an original issue discount of $5,000, with an interest rate at 10% per annum and a maturity date of October 18, 2018. The note is convertible into shares of the Company’s common stock at $0.015 per share. As additional consideration for the Lender to enter into this agreement with the Company, the Company issued warrants to the Lender to acquire in the aggregate 2,500,000 shares of the Company’s common stock at an exercise price of $0.015 per share. The balance of the note outstanding, and the related debt discount was $35,000 and $7,633 as of March 31, 2018, respectively.