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sales to who? 12 mill press release with no details? Again Sales to who ? Couldn't find it in the 8k.. Why no 8k ? Sure you would agree 12 mill is material. Why no 8k/
Wait to you see what .003 feels like . OTCMARKET.COM will be out shortly unless they hide from the dilution toxic news that we will all see. The boys and girls are so excited to see the new dilitive number ! It will be massive. MGMT clearly should have never been able to put a press out with no 8k and no details - is it criminal = we will leave that to the regulators. What we know is that the company and mgmt are light weights and have never delivered . This temporary stock price lift will cause many retail Investors much pain in the near future . 3a10's , Centri, Woundclot, Zonis, " Specials"=. please tell the Investors where they all are now. Yes in the garbage can. massive Toxic dilution coming every single day . Boys and Girls are so excited to read the Q. They will report all the goodies and are happy to help this forum. otcmarkets.com. Rah Rah
otcmarkets.com will be out tomorrow. Boys and Girls so excited about how many newly dilutive shares will be on count! Maybe another 300 mill ? On the way to 3 billion shares without Pinsky's 164 mill. MAssive dilution has happened- let's see if they try to hide it.. otcmarkets.com. sleep tight - tomorrow will be Epic Cannibas - LOL. centri, zonis, woundclot. lol. Enjoy your Pump and Dump Valentine's day gift ! It will be all over soon. .003
otcmarkets.com will show on Monday MASSIVE MASSIVE dilution . ALL the Toxic boys and Girls are so happy Klug put out a bogus press release. Conversions are rampant. Klug has a history of putting out tons of fluff. Centri= fluff, Woundclot= Fluff, " Specials" = fluff, Zonis = Fluff, Thermometers= fluff. no 8k's and false form 4's . Disaster in the making . Thanks Drew- 164 mill shares . This is nothing more then a PUMP & DUMP . Let's hope the company is raising millions of dollars now- We all know they are broke and need it . Cannibas acquisitions with more TOXIC debt= perfect
OK Ok Cannibas LOL LOL. More TOxic debt will be issued . OTCMARKETS.COM The girls and boys are so excited to see this new number ! 3 billion shares are on the way . So funny Cannibas is the next distraction. Where is Centri, "Specials", Woundclot, and the other failures .. Disasters but wait let's just go into other businesses. Ema and Auctus - where r u ? Where is the financial service business? It is all bogus just like the False form 4's and the lack of transparency. Where are you Drew? Where is your stock Drew? Does anyone know what a 3a10 is? But who cares now we are in a NEW business . Toxic debt everywhere - conversions everywhere. Your boy has so many bruises he can barely think straight.. Badly bruised. Cannibas LOL False Form 4's - Feds are looking now
New Investors are going to get killed here on this dirty name. PUMP and DUMP. Klug is nothing more then a Pump artist . no 8k = There is Nothing but a horrific nonsense press release. Name the customers- Feds all over this. Lawyers allowed this press release or did the CFO go rogue again. OTCMARKETS.COM. 3 billion shares plus are coming . .003 here we come. Suckers are born everyday.
Enjoy the Pump and Dump while you can .. Stock will be back to .003 shortly. False Form 4's , False BS press releases, No 8k's , and 3a10's. Future orders- lol. Not 1 mention of a specific customer - why - because the orders are not inked - just more BS . WE think 100 mill shares were converted on Friday. OTCMARKETS.COM. Day of reckoning is coming . Boys and Girls now where the bodies are buried and soon the FEDS will figure it out to. Interest FREE Insider loans - lol. Let's see what friends were tipped off the press release was coming . Feds looking hard under the sheets. OTCMARKETS.COM
where is the 8k with details? There is none because this BS press release is filled with crap . Pump and Dump Pump and Dump. horrific release- Boys and Girls are shocked the 3a10 lawyers were able to put this out. Future sales- lol. it just gave the Toxic boys all the volume they needed to choke this out. Releases that these the Feds watch closely . Garbage in = Garbage out . stock will be .003 by Tuesday. Any new buyers- read all the TOxic debt and beware of the crap you are buying. Mo Mo investors will get hurt- get out because the conversion will continue . Feel free to ask Butter all u want- Butter has dug in and she knows where the bodies are buried. Interest Free Insider loans etc . Let us know. 12 mill of "Future Sales". LOL
LOAD was shot. stock will be .003 at the close on Monday / Tuesday .100 mill shares were converted from Toxic debt today. OS will be booming up to 3 billion as the Boys and Girls have said. Are the sales real? We will see. The FEDS will be very interested who bought the stock prior to the run and if Insider trading occured. New Momentum buyers beware of this DUD- read the financials. Toxic Debt Everywhere . We will all know soon if there were leaks from MGMT .
Can anyone help the boys and girls - They can't find Zonis, Woundclot, Centri or any of the "SPecials"... All they can find is Toxic dilution that hits the market Every day . They also found 3a10 transactions and false form 4's . Please help them. They also found mountains of litigation and a few wood sheds . They have converted all of Klug's .... debt and clearly 3 billion shares are here . Pinsky - Hi Drew
Massive Dilutions coming and coming and more Toxic dilutions are on the way - As of June 30, 2020, we had $0 of previously issued variable rate convertible notes outstanding (“Variable Rate Convertible Notes”). During the year ended June 30, 2020, we issued $1,078,862 of convertible notes to third parties with variable conversion rates (“2019 Variable Rate Convertible Notes”). The 2019 Variable Rate Convertible Notes mature at various dates between September 2020 and June 2021. We received approximately, net of financing costs incurred, $960,000 in cash from the issuance of these notes. These 2019 Variable Rate Convertible Notes have interest accruing at rates ranging between 10% - 12%. These notes issued to third parties have a variable conversion rate based on the price of the Company’s common stock. None of the 2019 Variable Rate Convertible Notes have been converted into shares of common stock. This is 200-300 mill new shares !! Klug- Now more than ever !!!! Klug badly bruised
As of June 30, 2020, we had $0 of previously issued variable rate convertible notes outstanding (“Variable Rate Convertible Notes”). During the year ended June 30, 2020, we issued $1,078,862 of convertible notes to third parties with variable conversion rates (“2019 Variable Rate Convertible Notes”). The 2019 Variable Rate Convertible Notes mature at various dates between September 2020 and June 2021. We received approximately, net of financing costs incurred, $960,000 in cash from the issuance of these notes. These 2019 Variable Rate Convertible Notes have interest accruing at rates ranging between 10% - 12%. These notes issued to third parties have a variable conversion rate based on the price of the Company’s common stock. None of the 2019 Variable Rate Convertible Notes have been converted into shares of common stock. This is 200-300 mill new shares !! Klug- Now more than ever !!!!
TOTAL LIABILITIES 4 million --7. LONG-TERM DEBT, DEBENTURES AND LINES OF CREDIT
On November 12, 2015, we acquired certain commercial real estate from a related party that is an entity controlled by a stockholder and officer of the Company for $480,000 consisting of $75,000 of land costs and $405,000 of buildings and improvements. The purchase price was paid through the assumption by the Company of $265,000 of long-term bank indebtedness (which we refer to below as “Note”) plus the issuance of 215 shares of the Company’s Series A Preferred Stock. The purchase price also included the cost of specific security improvements requested by the lessee.
The Note is dated November 13, 2015 and has a remaining principal amount of $221,963 as of September 30, 2020. Monthly payments under the Note are $1,962 including interest accruing at a rate of 5.95% per annum. The Note matures in June 2021 and is secured by the commercial real estate, guarantees by the Company and its real estate subsidiary and the personal guarantee of a stockholder who is also an officer of the Company.
In March 2016, we issued $545,000 in principal amount of convertible promissory notes (which we refer to as the “2016 Fixed Rate Convertible Notes”). The 2016 Fixed Rate Convertible Notes are secured by certain Company real estate holdings.
The 2016 Fixed Rate Convertible Notes mature on March 15, 2021, the fifth anniversary of the date of issuance and are convertible into shares of our common stock at a price of $0.015 per share. Interest accrues at a rate of 5% per annum and is payable semi-annually. The Company has the option to issue a notice of its intent to redeem, for cash, an amount equal to the sum of (a) 120% of the then outstanding principal balance, (b) accrued but unpaid interest and (c) all liquidated damages and other amounts due in respect of the 2016 Fixed Rate Convertible Notes. The Company may only issue the notice of its intent to redeem the 2016 Fixed Rate Convertible Notes if the trading average of the Company’s common stock equals or exceeds 300% of the conversion price during each of the five business days immediately preceding the date of the notice of intent to redeem. Holders of 2016 Fixed Rate Convertible Notes have the right to convert all or any portion of the 2016 Fixed Rate Convertible Notes at the conversion price at any time prior to redemption.
13
As further disclosed in Note 9, Exchange Agreement, at September 30, 2020, and June 30, 2020 there was one remaining 2016 Fixed Rate Convertible Note outstanding with principal and accrued interest of approximately $63,000 and $62,000, respectively. This remaining 2016 Fixed Rate Convertible Note (plus accrued interest) is convertible into our common stock at a conversion rate of $0.015 per share or 4,169,620 total shares. During the three month period ended September 30, 2020 and 2019, we paid-in-kind approximately $770 and $735, respectively, of interest on these convertible notes.
During the three month period ended September 30, 2020 and the year ended June 30, 2020, we issued $200,000 and $842,000, respectively, in principal amount of new convertible promissory notes (which we refer to as the “2019 Fixed Rate Convertible Notes”). The 2019 Fixed Rate Convertible Notes are secured by certain Company real estate holdings. As of September 30, 2020, $1,042,000 of 2019 Fixed Rate Convertible Notes were outstanding.
The 2019 Fixed Rate Convertible Notes mature on the fifth anniversary of the date of issuance and are convertible into shares of our common stock at a price of $0.015 per share and include 25% warrant coverage at $0.01 per share. Interest accrues at a rate of 7% per annum and is payable semi-annually. The Company has the option to issue a notice of its intent to redeem, for cash, an amount equal to the sum of (a) 120% of the then outstanding principal balance, (b) accrued but unpaid interest and (c) all liquidated damages and other amounts due in respect of the 2019 Fixed Rate Convertible Notes. The Company may only issue the notice of its intent to redeem the 2019 Fixed Rate Convertible Notes if the trading average of the Company’s common stock equals or exceeds 300% of the conversion price during each of the five business days immediately preceding the date of the notice of intent to redeem. The holder of the 2019 Fixed Rate Convertible Notes has the right to convert all or any portion of the 2019 Fixed Rate Convertible Notes at the conversion price at any time prior to redemption.
During the three month period ended September 30, 2020 and the year ended June 30, 2020, we issued $184,412 and $350,000, respectively, in principal amount of new convertible notes (which we refer to as the “2020 Fixed Rate Convertible Notes”). As of September 30, 2020, $546,387 (approximately $168,812 net of unamortized deferred loan costs and unamortized beneficial conversion) of 2020 Fixed Rate Convertible Notes were outstanding.
The 2020 Fixed Rate Convertible Notes accrue interest at 10% per annum, are convertible into shares of our common stock at a price of $0.005 per share, mature twelve months after issuance and are unsecured. The proceeds from the 2020 Fixed Rate Convertible Notes were used to repay approximately $21,000 of 2019 Variable Rate Convertible Notes in the principal amount including accrued interest and prepayment penalties. When issued, the 2020 Fixed Rate Convertible Notes had an initial conversion rate below the trading price of the Company’s common stock creating a beneficial conversion feature (“BCF”), which exceeded the total cash proceeds received from its issuance. Accordingly, the BCF was recorded as a debt discount and additional paid-in capital of $85,000. The debt discount is being amortized over the one-year term of the note.
During the three month period ended September 30, 2020 and the year ended June 30, 2020, we issued $106,000 and $1,078,862 of convertible notes to third parties with variable conversion rates (“2019 Variable Rate Convertible Notes”). The 2019 Variable Rate Convertible Notes mature at various dates between September 2020 and June 2021. We received approximately, net of financing costs incurred, $100,000 and $960,000, respectively, in cash from the issuance of these notes. These 2019 Variable Rate Convertible Notes have interest accruing at rates ranging between 10% - 12%. These notes have a variable conversion rate based on the price of the Company’s common stock.
During the three month period ended September 30, 2020, $426,500, plus accrued interest, of the 2019 Variable Rate Convertible Notes were converted into 130,650,810 shares of common stock. Additionally, $20,737, including accrued interest and prepayment penalties, of the 2019 Variable Rate Convertible Notes were repaid.
14
Upon the repayment of these notes, the Company may, in certain cases, pay a prepayment amount in excess of the outstanding balance of principal and accrued interest. Such prepayment amounts totaled $20,737 for the three month period ended September 30, 2020 and have been recorded as a loss on extinguishment of debt in the accompanying consolidated statements of operations.
Certain of the 2019 Variable Rate Convertible Notes have maturity dates prior to June 30, 2021 and could be classified as a current liability. However, it is the Company’s expectation that such notes will be converted into shares, re-financed to longer terms, or paid off with the proceeds of long-term financing. Therefore, we have classified these notes as noncurrent. If we do not re-finance these convertible notes to longer terms, however, the holders of the convertible notes have the option to convert these notes into equity or hold the convertible notes to maturity.
On March 12, 2019, we obtained a $180,000 real estate loan from a financial institution. The note matured on April 1, 2020 and was extended to October 1, 2020. The Company is working on an additional extension of this loan. This real estate note is secured by certain real estate property and the personal guarantee of an officer and director of the Company. Interest only is payable monthly and accrues at an interest rate of 12%.
Beginning in the quarter ended June 30, 2019, we entered into a series of credit financing arrangements from financing institutions by pledging various Company assets and the personal guarantee of an officer and director of the Company. The proceeds from these credit agreements were used to pay the amounts due under the Schreiber settlement agreement more fully described in Note 8. As of September 30, 2020 and June 30, 2020, we had $207,400 and $129,389, respectively, outstanding on these loans.
wow. buy buy buy. Rah Rah Rah Klug is so brilliant - we are in awe. 90 mill shares of dilution in 20 days. Wow. Buy buy buy
4 mill plus every single trading day and it will get worse
4 mill shares plus per day being jammed and sold to new Investors. Dilution EVerywhere ! 90% down and headed lower . Disaster mgmt team. Disaster stock
otcmarkets.com. badly bruised and nowhere to hide Maybe more Insider Interest Free loans- Hey Bean- Did you participate in these fraudulent loans? False Form 4's. Regulators should be in soon to clean this mess up . 3 billion shares and counting fully diluted . Maybe Klug sells the shareholders more of his common for 5 % preferential voting rights and shareholders like KGB asks for more - lol
KLUG is bruised up hard and hiding. otcmarkets.com. bruised and wounded. that is what EMA and Auctus did to the poor CFO . Insider Interest free loans was brilliant and so were the fake form 4's. No transparency . Poor stock is down 90%. feels good
KLUG continues to hide. otcmarkets.com
otcmarkets.com otcmarkets.com otcmarkets.com. No transparency. CFO is hiding again. Boys and girls know how bruised he is but we hope he puts his big boy pants on and reports on otcmarkets.com - show us all those new shares !! Show us all how you paid your old auditor. show us how you pay your lawyers.= show us Klug is badly bruised and he only has his Insider Interest Free loans to show
Stock down 90% Klug is badly bruised from Ema and Auctus . Stock is a POS and is one of the worst performers with the market at all time highs ! Where is Centri= where is Zonis Where are the Insider Interest Free loans =. no answers because it is all in the 10k's.
otcmarkets.com. False form 4's , maybe more Insider Interest free loans , Centri, Zonis, Woundclot, "Specials, Klug is a beauty . Boys and Girls think he needs to stop dining all day on falsehoods and crawfish and he needs to get to work. Hearing Klug can't even fit into the broken down Centri machine let alone walk a golf course. That boy is in trouble. And the boys and girls are hearing the authorities are watching his form 4 moves. 3a10 - can anyone tell us what this is? otcmarkets.com. Klug is a beancounter = ain't that something CFO = beancounter = makes sense . Auctua and Ema bruised Klug badly = took him out to the woodshed and bruised him. Keep litigating = it has worked well for teh shareholders=. But not to worry - Lawyers get paid with diluted stock . What is the genius lawyer's name ? Anyone know?
stock down 90% and headed lower - CFO is broke and doesn't have a pot to piss in = that is why he issues Floorless Toxic converts = u know that Uber . And that is why he issues Insider interest free loans = let's hope he doesn't earn a commission for that work. and that is why he can't afford to pay his auditors= so they QUIT =. and that is why he can't afford to pay his lawyers= so he issues 3a10 deals. Where Is Centri, Woundclot, Specials, they are all gone because there is no money. wake up son . otcmarkets.com
Keep buying Keep buying. Auditor quits because of MATERIAL WEAKNESSES - In connection with the audits of consolidated financial statements for the fiscal years ended June 30, 2019 and June 30, 2020, including the interim quarterly periods within those years and that interim quarterly period ended September 30, 2020, there were no disagreements, as contemplated by Item 304(a)(1)(iv) of Regulation S-K (“Regulation S-K”) under the Securities Act of 1933, as amended, between P&N and the Company on any matter of accounting principles or practices, financial statement disclosure, or auditing scope or procedure, which disagreements, if not resolved to P&N’s satisfaction, would have caused P&N to make reference to the subject matter thereof in connection with its reports for such years.
In connection with the audits of consolidated financial statements the fiscal years ended June 30, 2019 and June 30, 2020, including the interim quarterly period ended September 30, 2020, P&N advised the Company that the internal controls necessary for the Company to develop reliable financial statements did not exist due to certain material weaknesses previously disclosed by the Company. The subject matter of these material weaknesses was discussed with P&N by the Company’s management and the Audit Committee. The Audit Committee has authorized P&N to respond fully to the inquiries of the successor independent registered public accounting firm concerning these material weaknesses, and P&N has agreed to provide such information to the successor independent registered public accounting firm.
TOXIC sellers Toxic floorless converts. keep buying. Maybe more Insider Interest FRee loans - wow. Keep printing stock billions more shares Coming = MGMT needs to be impeached or they should resign first to avoid the embarrassment
MATERIAL WEAKNESS ???DISASTER DISASTER BOYS and girls knew it. BYE BYE auditors !! They will find out why= or is it just that simple that they couldn't afford the bill. Toxix Toxic sellers coming . And the Auditors quit . Quit Quit. Market is running and SNDD goes nowhere but down. Walls are closing in on a very badly bruised CFO - EMA and Auctus hurt him badly. Stock down 90% and headed lower. Horrific mgmt - time to go . Time to resign and hand over the reins- u have failed . Go into the sunset - bye bye Centri, Zonis, Woundclot, Specials 3a10's horrific In connection with the audits of consolidated financial statements the fiscal years ended June 30, 2019 and June 30, 2020, including the interim quarterly period ended September 30, 2020, P&N advised the Company that the internal controls necessary for the Company to develop reliable financial statements did not exist due to certain material weaknesses previously disclosed by the Company. The subject matter of these material weaknesses was discussed with P&N by the Company’s management and the Audit Committee. The Audit Committee has authorized P&N to respond fully to the inquiries of the successor independent registered public accounting firm concerning these material weaknesses, and P&N has agreed to provide such information to the successor independent registered public accounting firm.
down 90 %. And headed Lower =. disaster mgmt team. disaster stock = where is the toxic sellers = they are out there. otcmarkets.com
www.otcmarkets.com. Dilution is coming ! Boys and girls have been up waiting for 3 hours for you all . Bring it out. Let the gates up = let the sellers out .001
mgmt better get busy running a business and not running anything else including their .... We are waiting. www.otcmarkets.com
Boys and girls know for sure this mgmt team has the regulators watching every move here- This is a dark gray mgmt team with a BOD that really doesn't exist . We welcome the regulators looking deep deep under this hood. Insider Interest Free loans , False form 4's and businesses that don't exist etc etc And financials that are not timely to manipulate markets. Not good
Another Sad Sad year behind this dog and another year will be filled with horrific performance - stock down 90% . Can't argue or deny that fact . Showing us an old non use machine is exactly the point- MGMT is useless and can not execute. The boys and Girls are so excited to keep helping all the shareholders who want help and are so grateful they were warned of all the false claims , false form 4's and Insider games this CFO plays. Glad they saved you 90% shareholders. Maybe the CFO can exchange more of his common stock to 5% preferred better preferential class of stock= How wonderful is that to see.
Where is Centri? , Where is Zonis?, Where is Woundclot?, Where are the " Specials"? Can anyone answer these simple requests? The boys and girls know these are all smokescreens and mirrors. Where are the " Insider Interest Free Loans"? Wasn't that beautiful to see? Where are Klug's lawyers? and how oh how do they get paid? Can someone please help the shareholders understand what Klug did with the 3a10 transactions and who and what did the " Investment Bank" do to earn their 3a10 payment? The boys and girls know. Valerie Allen = wow. Disaster business model = mgmt must go now.
Klug is a litigious man - a bad manager and certainly has taken this stock down 90% . He should be thrown out = now. wake up KGB ! .001 c u there soon
Disaster year for Klug and his cronies . More pain to come
End of the Year from Butter and her Boys and her girls!! All our Shareholders who we helped we feel blessed. This stock and mgmt team has been horrific and one of the worst performers of the year . We believe it will continue deep into 2021. Klug has been badly bruised by Ema and Auctus and we think he is very unstable. He needs to go . Butter knows . It's time to go . The BOD needs to exit as well- useless. www.otcmarkets.com will show a huge increase in outstanding shares. But more importantly Thank You for all who have listened and we hope you have safed your money for your families . Teddy- We wish u well but you are stuck and hurting from your losses. When you have bad karma like Klug it's better to get in a Centri machine and never move. .001
mlpm - read the financials = its all there . Stock tells u everything u need to know- wake up and know their is a thief in your house and he has been diluting you for years . Stock down 90% = good luck
90% down year for the Hawk ! Mgmt needs to go . Toxic decisions are bad for current Shareholders. Rise up and remove these clowns. otcmarkets will be fun to look at - how many more shares will be out or will Klug exchange more of stock into illegal 5% prefs . Corporate Governance doesn't exist or will it? Interest Insider free loans = maybe more to come. Ema and Auctus bruised Klug badly. Where is PPE , Zonis, Woundclot, Centri, " Specials" , Broke Real estate, they are ALL gone. Cannabis is a joke and clearly a "SMOKE screen". What's left - Needles with NO working cap = and no ability to execute. this Dog goes much lower. 2020 has been a disaster for Shareholders in this POS. down 90% Toxic Disaster. www.otcmarkets.com
Beautiful coat of paint is right - This dog won't hunt with this MGMT team =. standup shareholders and fire this CFO = he is horrific and believes this is a company built for 1. remove his ass for cause. Boy and girls have a laundry list of things he has committed. Stock down 90% - fantastic job = Ema and Auctus is all u need to know .
only way you hit .10 is with a 1 for 1000 reverse stock split- company is a disaster . Bring on the stock split - boys and girls think it is coming. another brilliant move from mgmt.
stock target .0001. mgmt is horrific and needs to go. disaster toxic deals under their watch. BOD are a bunch zeros /. yes men. stock down 90%. " Now more than ever". lol lol.
Boys and Girls are not sure how mgmt will hide all the new shares being issued. www.otcmarkets.com. but maybe Klug will exchange more common into preferreds. lol- aint that criminal , We would love to see other mgmt executives at TSLA or GE or others who would exchange their common into 5% prefs. laughable