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Agreed!!!!!!!!!!
He is talking old, in the past
I ask the same..not some story on oil, weed, or building boat docks...profits....etc.
So what we do know is what we see..the flippers and shorties here...no future!
The no bid, and lack of pps is consistent tho...just as fun!
No bid
Lol...about sums it up!
He deals with Asher....you should know what that means...if ya know anything....
He has not reported in forever wonder why...but tell me this isn't still going on....show me proof now and state yours..
Total convertible debenture payable
$
236,500
$
280,000
On September 8, 2011, the Company entered into a Convertible Promissory Note ("Promissory Note") with Asher Enterprises, Inc. ("Asher") in the amount of Forty Thousand Dollars ($40,000) and a Securities Purchase Agreement. The Promissory Note was fully funded on September 14, 2011. The Promissory Note is convertible, in whole or in part, at any time from time to time before maturity at the option of the holder at the Variable Conversion Price which shall mean 58% of the Market Price. The Market Price is defined as the average of the three (3) lowest Trading Prices for the common stock during the ten (10) Trading Day period ending one Trading Day prior to the date the Conversion Notice is sent. The Promissory Note has a term of nine (9) months and accrues interest at a rate equal to eight percent (8%) per year. The balance owed at September 30, 2011 is $40,000.
On August 23, 2011, the Company entered into a Convertible Promissory Note ("Promissory Note") with Tangiers Investors, LP ("Tangiers") in the amount of Twenty Five Thousand Dollars ($25,000) and a Security Agreement. The Promissory Note was fully funded on August 24, 2011. The Promissory Note is convertible, in whole or in part, at any time from time to time before maturity at the option of the holder at the Variable Conversion Price which shall mean 60% of the Market Price. The Market Price is defined as the lowest Trading Price for the common stock during the five (5) Trading Day period ending one Trading Day prior to the date the Conversion Notice is sent. The Promissory Note has a term of one (1) year and accrues interest at a rate equal to nine percent (9%) per year. The balance owed at September 30, 2011 is $25,000.
On August 5, 2011, the Company entered into a Convertible Promissory Note ("Promissory Note") with Asher Enterprises, Inc. ("Asher") in the amount of Thirty Thousand Dollars ($30,000) and a Securities Purchase Agreement. The Promissory Note was fully funded on August 12, 2011 The Promissory Note is convertible, in whole or in part, at any time from time to time before maturity at the option of the holder at the Variable Conversion Price which shall mean 58% of the Market Price. The Market Price is defined as the average of the three (3) lowest Trading Prices for the common stock during the ten (10) Trading Day period ending one Trading Day prior to the date the Conversion Notice is sent. The Promissory Note has a term of nine (9) months and accrues interest at a rate equal to eight percent (8%) per year. The balance owed at September 30, 2011 is $30,000.
F-17
US NATURAL GAS CORP
(Formerly Adventure Energy, Inc.)
(A Development Stage Enterprise)
NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
From Inception (March 28, 2008) through September 30, 2011 (Unaudited)
NOTE I - CONVERTIBLE DEBENTURE PAYABLE (continued)
On August 4, 2011, the Company entered into a Convertible Promissory Note ("Promissory Note") with Tangiers Investors, LP ("Tangiers") in the amount of Fifteen Thousand Dollars ($15,000) and a Security Agreement. The Promissory Note was fully funded on August 4, 2011. The Promissory Note is convertible, in whole or in part, at any time from time to time before maturity at the option of the holder at the Variable Conversion Price which shall mean 60% of the Market Price. The Market Price is defined as the lowest Trading Price for the common stock during the five (5) Trading Day period ending one Trading Day prior to the date the Conversion Notice is sent. The Promissory Note has a term of one (1) year and accrues interest at a rate equal to nine percent (9%) per year. The balance owed at September 30, 2011 is $15,000.
On July 21, 2011, the Company entered into a Convertible Promissory Note ("Promissory Note") with Tangiers Investors, LP ("Tangiers") in the amount of Fifteen Thousand Dollars ($15,000) and a Security Agreement. The Promissory Note was fully funded on July 21, 2011. The Promissory Note is convertible, in whole or in part, at any time from time to time before maturity at the option of the holder at the Variable Conversion Price which shall mean 60% of the Market Price. The Market Price is defined as the lowest Trading Price for the common stock during the five (5) Trading Day period ending one Trading Day prior to the date the Conversion Notice is sent. The Promissory Note has a term of one (1) year and accrues interest at a rate equal to nine percent (9%) per year. The balance owed at September 30, 2011 is $15,000.
On July 11, 2011, the Company entered into a Convertible Promissory Note ("Promissory Note") with Tangiers Investors, LP ("Tangiers") in the amount of Ten Thousand Dollars ($10,000) and a Security Agreement. The Promissory Note was fully funded on July 11, 2011. The Promissory Note is convertible, in whole or in part, at any time from time to time before maturity at the option of the holder at the Variable Conversion Price which shall mean 60% of the Market Price. The Market Price is defined as the lowest Trading Price for the common stock during the five (5) Trading Day period ending one Trading Day prior to the date the Conversion Notice is sent. The Promissory Note has a term of one (1) year and accrues interest at a rate equal to nine percent (9%) per year. The balance owed at September 30, 2011 is $10,000.
On May 3, 2011, the Company entered into a Convertible Promissory Note ("Promissory Note") with Tangiers Investors, LP ("Tangiers") in the amount of Fifty Two Thousand Five Hundred Dollars ($52,500) and a Security Agreement. The Promissory Note was fully funded on May 3, 2011. The Promissory Note is convertible, in whole or in part, at any time from time to time before maturity at the option of the holder at the Variable Conversion Price which shall mean 60% of the Market Price. The Market Price is defined as the lowest Trading Price for the common stock during the five (5) Trading Day period ending one Trading Day prior to the date the Conversion Notice is sent. The Promissory Note has a term of one (1) year and accrues interest at a rate equal to nine percent (9%) per year. The balance owed at September 30, 2011 is $52,500
On November 16, 2010, the Company entered into a Convertible Promissory Note ("Promissory Note") with Caesar Capital Group, LLC, ("Caesar Capital") in the amount of Twenty Five Thousand Dollars ($25,000) and a Securities Purchase Agreement. The Promissory Note was fully funded on November 19, 2010. The Promissory Note is convertible, in whole or in part, at any time from time to time before maturity at the option of the holder at a per share price equal to Sixty Percent (60%) of the average of the last Five (5) trading days closing volume weighted average price. The Promissory Note has a term of six (6) months and accrues interest at a rate equal to twelve percent (12%) per year. The balance owed at September 30, 2011 and December 31, 2010 is $25,000.
On October 8, 2010, the Company entered into a Convertible Promissory Note ("Promissory Note") with Asher Enterprises, ("Asher") in the amount of Forty Thousand Dollars ($40,000) and a Securities Purchase Agreement. The Promissory Note was fully funded on October 14, 2010. The Promissory Note is convertible, in whole or in part, at any time from time to time before maturity at the option of the holder at the Variable Conversion Price which shall mean 58% of the Market Price. The Market Price is defined as the average of the three (3) lowest Trading Prices for the common stock during the ten (10) Trading Day period ending one Trading Day prior to the date the Conversion Notice is sent. The Promissory Note has a term of nine (9) months and accrues interest at a rate equal to eight percent (8%) per year. In May 2011, the convertible debenture was paid in full through the issuance of common stock of the Company. The balance owed at December 31, 2010 was $40,000.
F-18
US NATURAL GAS CORP
(Formerly Adventure Energy, Inc.)
(A Development Stage Enterprise)
NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
From Inception (March 28, 2008) through September 30, 2011 (Unaudited)
NOTE I – CONVERTIBLE DEBENTURE PAYABLE (continued)
On September 7, 2010, the Company entered into a Convertible Promissory Note ("Promissory Note") with Caesar Capital Group, LLC, ("Caesar Capital") in the amount of Fifty Thousand Dollars ($50,000) and a Securities Purchase Agreement. The Promissory Note was fully funded on September 10, 2010. The Promissory Note is convertible, in whole or in part, at any time from time to time before maturity at the option of the holder at a per share price equal to Sixty Percent (60%) of the average of the last Five (5) trading days closing volume weighted average price. The Promissory Note has a term of six (6) months and accrues interest at a rate equal to twelve percent (12%) per year. The balance owed at September 30, 2011 and December 31, 2010 is $24,000 and $50,000, respectively.
On August 6, 2010, the Company entered into a Convertible Promissory Note (“Promissory Note”) with Caesar Capital Group, LLC, (“Caesar”) in the amount of Twenty Five Thousand Dollars ($25,000). The Promissory Note was fully funded on August 10, 2010. The Promissory Note is convertible, in whole or in part, at any time and from time to time before maturity at the option of the holder at a price per share equal to Sixty Percent (60%) of the average of the last Five (5) trading days closing volume weighted average price ("VWAP"). The Promissory Note has a term of six (6) months and accrues interest at a rate equal to twelve percent (12%) per year. In addition, the Company issued to Caesar a Common Stock Purchase Warrant Agreement granting the holder the right to purchase up to 500,000 shares of the Company's common stock at an Exercise price of Five cents ($0.05). The warrant is exercisable at anytime commencing six months after the date of issuance until February 6, 2014. In February 2011, the convertible debenture was paid in full through the issuance of common stock of the Company. The balance owed at December 31, 2010 was $25,000.
On August 6, 2010, the Company entered into a Convertible Promissory Note (“Promissory Note”) with ARRG Corp, (“ARRG”) in the amount of Twenty Five Thousand Dollars ($25,000). The Promissory Note was fully funded on August 10, 2010. The Promissory Note is convertible, in whole or in part, at any time and from time to time before maturity at the option of the holder at a price per share equal to Sixty Percent (60%) of the average of the last Five (5) trading days closing volume weighted average price ("VWAP"). The Promissory Note has a term of six (6) months and accrues interest at a rate equal to twelve percent (12%) per year. In addition, the Company issued to ARRG a Common Stock Purchase Warrant Agreement granting the holder the right to purchase up to 500,000 shares of the Company's common stock at an Exercise price of Five cents ($0.05). The warrant is exercisable at anytime commencing six months after the date of issuance until February 6, 2014. In February 2011, the convertible debenture was paid in full through the issuance of common stock of the Company. The balance owed at December 31, 2010 was $25,000.
On July 30, 2010, the Company entered into a Convertible Promissory Note ("Promissory Note") with Asher Enterprises, ("Asher") in the amount of Forty Thousand Dollars ($40,000) and a Securities Purchase Agreement. The Promissory Note was fully funded on August 6, 2010. The Promissory Note is convertible, in whole or in part, at any time from time to time before maturity at the option of the holder at the Variable Conversion Price which shall mean 58% of the Market Price. The Market Price is defined as the average of the three (3) lowest Trading Prices for the common stock during the ten (10) Trading Day period ending one Trading Day prior to the date the Conversion Notice is sent. The Promissory Note has a term of nine (9) months and accrues interest at a rate equal to eight percent (8%) per year. In March 2011, the convertible debenture was paid in full through the issuance of common stock of the Company. The balance owed at December 31, 2010 was $40,000.
On June 18, 2010, the Company entered into a Convertible Promissory Note (“Promissory Note”) with Asher Enterprises, (“Asher”) in the amount of Fifty Thousand Dollars ($50,000) and a Securities Purchase Agreement. The Promissory Note was fully funded on June 18, 2010. The Promissory Note is convertible, in whole or in part, at any time and from time to time before maturity at the option of the holder at the Variable Conversion Price, which shall mean 58% of the Market Price. The Market Price is defined as the average of the three (3) lowest Trading Prices for the common stock during the 10 (ten) Trading Day period ending one Trading Day prior to the date the Conversion Notice is sent. The Promissory Note has a term of nine (9) months and accrues interest at a rate equal to eight percent (8%) per year. In January 2011, the convertible debenture was paid in full through the issuance of common stock of the Company. The balance owed at December 31, 2010 was $50,000.
F-19
US NATURAL GAS CORP
(Formerly Adventure Energy, Inc.)
(A Development Stage Enterprise)
NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
From Inception (March 28, 2008) through September 30, 2011 (Unaudited)
NOTE I – CONVERTIBLE DEBENTURE PAYABLE (continued)
On September 25, 2009, the Company entered into a Debenture Securities Purchase Agreement (“Debenture Agreement”) with Atlas Capital Partners, LLC, (“Atlas”) pursuant to which the Company issued to Atlas Fifty Thousand Dollars ($50,000) in secured convertible debentures (the “Debentures”) dated of even date with the Debenture Agreement. The Debentures were fully funded on September 25, 2009. The Debentures are convertible, in whole or in part, at any time and from time to time before maturity at the option of the holder at the lower of (a) $0.25 or (b) seventy percent (70%) of the two lowest volume weighted average prices of common stock for ten (10) trading days immediately preceding the conversion date. The Debentures have a term of nine (9) months, piggyback registration rights and accrue interest at a rate equal to seven percent (7%) per year. The Debentures are secured by certain pledged assets of the Company. The Parties have also entered into an Investor Registration Rights Agreement, pursuant to which the Company has agreed, if required by Atlas, to provide certain registration rights under the Securities Act of 1933, as amended, and the rules and regulations thereunder, and applicable state securities laws. In July 2010, Tangiers Investors, LP acquired the debenture from Atlas and received 1,187,092 shares of common stock, at $.021 per share, as partial payment towards the debenture. In March 2011, the convertible debenture was paid in full through the issuance of common
Earned by history I presume...history of a great relationship of return I take it??up until now has this at where over the years....
Top right corner... .0001
Lol
Not sure, and could be...that's better!...I'll stick with what is known facts here...and proven track record of the Great Wayne...lol
So now Anderson is going to sell equipment oversea's??..lol
Oh if not ....thanks for the story, but what's that got to do with bringing in revs to ungs....because looks like no real revs here ..except by pumping...then dumping this several subsidiary POS...
Oh IMO, supported by financials, history, current state of ungs, and toxic lenders!
Yep this one line at the beginning is the only quality I saw for this board...
" We have been through this 100 times already. "
And still no revs...no news, and 6 subsidiaries...lol
A select few have made lots of money....maybe, but 10x as many have lost...nothing good happening here!
Honest post...that really can't be disputed...nice history lesson!
Yep...all cross trading...IMO
Don't be fooled...none of this retail...just shares back and forth between MM's and big holders...nothing has changed here..trying to drum up a few suckers.
Yep....always next week..keep hope alive..pitiful..
Maybe next week.....lol
In Case Number A-14-697251-C, Nevada’s 8th Judicial District appointed Robert Stevens as Receiver for Sew Cal Logo, Inc., as of June 26, 2014.
So I see runs up to .0005 since this receivership...hmmm have you,all been down this road here before...what pump caused the run in 2015?
We're is this date 4/20 coming from????....
I agree, no real retail here...maybe after some info.
Yep, Next Week!...lol never gets old.......
Yes in 3 years what has it done?....if ya put that money in ...can ya get any back out?....so push the buy button and expect a change...lol
You have no choice, but to hold..
Don't forget the R/S...I'm sure the funds you scammed ..are starting to run out..Chris will get of the pot soon and be desperate enough to try something...
Enjoy the long weekend all...
He will sell shell, R/S and our many shares will be few, and then the cycle of pump and dump will continue...there is No way you are every getting out what you put in, we will be lucky to get any back!
No it says definitive agreement...period! You might want to read again!
Did you read the exchange between me and bar1080 yesterday..
Then you might pump your brakes there ten speed...lol
And you said reverse merger..
Does that 8k say reverse merger...is there news on that...something printed...I've read the last 3 8k in a row...so don't feed me your opinion...spend the money on so called news and make your move!
Make sure you watch Twitter for communication from receiver..lol
I'm not saying it is happening , but wanted to let ya know I wasn't just making it up...or talking out my ass...I agree it's old and probably won't materialize ...it's not from 2009 that's for sure..lol
Yesterday...this is why I posted BK... I knew I had read it somewhere... 2014
Category: news
Published on Thursday, 03 July 2014 13:25
Written by Sally Tomlinson
See Sally Tomlinson profile and contact details
Shares in Sew Cal Logo Inc. (OTC: SEWC) traded lower by 25% in trading today coming off the back of a 40% up day in the previous day’s action.
The beauty of trading companies going through bankruptcy proceedings is you know exactly what your downside risk is going to be – 100% every time.
Not just a technicality of risk within a trade, but a reality that if you don’t make money there is a very real chance of you losing your entire investment.
Sew Cal Logo has been in a confirmed uptrend for a few days actually moving up 400% from the bottom of $0.0001 - $0.0004.
Now the question with this company is the next time it goes down to the bottom of all bottoms, will it ever return.
If as a trader you can get execution at the bottom price in the range then the chance of doubling your money or at least a move of 50% or more are quite likely, simply put because the shares have nowhere to go but higher.
This play may be a bit of a reach due to what is going on with the company right now, however again if the chance is presented to buy at the bottom or $0.0001 then it may not be the worst play in the world.
We have no problem with shares having a risk of 100% as long as the upside potential is at least 200% that seems to be the case here for all bottom feeders.
Being in bankruptcy doesn’t mean it’s necessarily the end for a company, however given the low point of this stock the chances it will actually go bankrupt and become worthless at some point are almost a certainty
Until I see different ..this is just a week pump...like this one from the past...
Prove me wrong weed life inc.
http://www.publicmarijuanadeals.com/category/public-medical-marijuana-deals/
Lmao...
You have to wait for news or details like everyone else ..
Before you make such a definite statement...
What a scam...I found interest in the " Off the Charts LLC " with one employee ...guess who that was ...? Mary Carey
Say they were not receiving payment but the more you look the more review the Carey family was milking this for all its worth..
Perfectly legal I'm sure...
Had two yesterday....and two the day before, ???..doesn't say much
Okay without reading your bio or "earliest" posts..
I can tell you are very negative as a poster, mod ect ... About SEWC ...but at this point in 2016...
You have to admit only two things haven't changed here, the ticker and your optimistic post from 2009 ( sarcasm )..lol
( can ya laugh alittle)
The old management gone...business gone, auditors gone, etc, etc...
You must have some interest on a legit- doing fairly well company like life marketing and where this might be headed...
Really nowhere for it to go but up,
If not it's only one small step to " No Bid" ...effects me very little either way...
But you- seem to bash ...like your life depended on it????