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$NSAV loading this pig the F up, weeeee BKRT just crossed out
$$$$$$
Can't wait to shoot hot loads either. $FOGC has a load backed up so far it could shampoo a buffalo herd
Finally someone who gets it. Play the play and short the BS prior to the pump.
Weeeeeeee
Let me design it. I have something in mind that includes flames and foreskin
Me to. #100millionsharestarter
<<<$FOGC Name Change Completed>>>> Now we know why people were buying like crazy on friday
https://wyobiz.wy.gov/Business/FilingDetails.aspx?eFNum=108194067094219057175103048254161232094048197154
$SIPC gonna be a monster. Just imagine when big volume comes in.
$FOGC setting up huge for next week.
When I see that Asian Baby around I know we are getting close to go time.
If Honda says so then it is.
They sold because they prob were not done accumulating and wanted to keep the stock from closing above the 50 day MA so it would not set off many tech scanners
BKRT is diluting a small amount it appears but they are not being aggressive and whacking bids, Look like about 6-8 mill have been sold each day and then they are printing that cover to represent the shares sold into the market,
Did you not read the 8-k? All debt is being paid off
Further, outstanding balances owed to our auditor, attorney, Asher Enterprises, and Pacific Stock Transfer will be paid within 24 hours of closing. As of the date hereof, said amounts have not been paid.
$NSAV loaded some cheapies, been waiting patiently for a pull back. Lots of eyes coming in over here
Adding more tom
I don't disagree with you at all on this statement. However the restructured debt for preferreds and undertaking of even more toxic financing will crush the shareholders long before revs are here to pay off the notes. And as far as becoming a fortune 500 company, this pig will only make it to an uplist with a larger reverse split. That is it. The capital structure is to great to move to a higher exchange
I was here in the trips actually, Ill come back and visit when it goes there again
You are right my mistake, It was powers, Either way this pig is going down. I am not bashing, its just fundamentally impossible to sustain the amount of paper being dumped. Please inform me of how a 25 million dollar market cap is justified for a company with 7 million in debt and a ton of more convertibles coming to the market at a massive discount from toxic lenders all over. Also you do realize that MINE is not the same as level 5 right? That is how these pigs work, they use a subsidiary to raise money through debt financing so they actual "company' does not have to pay it. All Kooolaid, learn your accounting Also no real revenues
As of April 30, 2014, we had $291,162 in cash, $12,381 in accounts receivable and $107,617 in inventory and $456,160 in total assets, $6,698,641 in total liabilities and a working capital deficit of $6,037,481. Cash flow used in operating activities was $713,648, cash flow used in investing activities was $30,000 and cash flow provided by financing activities was $911,100 during the nine months ended April 30, 2014.
During the nine months ended April 30, 2014 our monthly cash requirements to fund our operating activities was approximately $78,683. Our cash on hand of $291,162, as of April 30, 2014, together with our line of credit for $2,000,000 should allow us to continue to operate for thirty-one months until we receive Level 5 revenue proceeds and additional financings. We estimate our planned expenses for the next 24 months (beginning February 2014) to be approximately $5,200,000, as summarized in the tables below.
10. Note payable
During the nine months ended April 30, 2014, Level 5 Beverage Company received proceeds of $46,100 from promissory notes. These notes have an interest rate of 10% and mature between July 6, 2014 and July 24, 2014. The total principal due at April 30, 2014 is $46,100.
On May 1, 2014, the Company entered into an agreement with Post Oak, LLC (“the Lender”), where, among other things, the Company and the Lender entered into a Line of Credit Financing Agreement in the principal sum of up to Two Million Dollars ($2,000,000), or such lesser amount as may be borrowed by the Company as Advances under this line of credit. The Line of Credit bears interest at the rate of ten percent per annum (10.00%) unless modified by certain provisions of the Line of Credit. The entire outstanding principal balance amount of this Line of Credit is due and payable on April 30, 2016. Company shall make one interest payment twelve months from the the date of each advance and one interest payment eighteen months from the date of each advance. The Company is obligated to make a payment for the entire unpaid balance of all advances, plus any accrued interest, is due a “balloon” payment, in two years from the date of the Line of Credit Agreement. As of April 30, 2014, there was $250,000 outstanding under this line of credit.
11. Subsequent Events
a)
On May 1, 2014, the Company entered into an agreement with Post Oak, LLC (“the Lender”), where, among other things, the Company and the Lender entered into a Line of Credit Financing Agreement in the principal sum of up to Two Million Dollars ($2,000,000), or such lesser amount as may be borrowed by the Company as Advances under this line of credit.
b)
On May 13, 2014, the Company issued 20,000,000 common shares pursuant to a convertible promissory note dated July 23, 2012
c)
May 22, 2014, the “Company issued 105,000,000 shares of its common stock to JMJ Financial as payment under a $250,000 Promissory Note dated November 19, 2013 (the “Note”), which was previously filed with the Securities and Exchange Commission as Exhibit 10.2 to Form 10-Q on December 23, 2013.
d)
May 23, 2014, the “Company issued 50,000,000 shares of its common stock to LOMA Management Partners, LLC as payment under a $100,000 Promissory Note dated July 23, 2014 and restated February 22, 2014.
e)
On May 29, 2014, the “Company filed a Certificate of Designation to its Certificate of Incorporation with the Secretary of State of the State of Nevada setting forth the rights and preferences of the Series B Preferred Stock (the “Series B Shares”). The following is a summary of material provisions of the Series B Shares as set forth in the Certificate of Designations. The number of shares constituting Series B Preferred is 2,000,000.
10
f)
June 3, 2014, the “Company issued 26,150,685 shares of its common stock to Jim Erickson as payment under a $25,000 Promissory Note dated November 13, 2013.
g)
On June 4, 2014, the Company entered into an Agreement (the “Exchange Agreement”) with V. Scott Vanis, an individual and a member of our Board of Directors (the “Noteholder”), where, among other things, the Company and Noteholder exchanged a certain Note (inclusive of the principal amount, accrued and unpaid interest owed and other amounts owed in respect to the Note) for shares of the Company’s Series B Preferred Stock. The Noteholder and the Company exchanged the Note, dated July 23, 2012, in the principal amount of $583,300 together will all interest and other amounts accrued thereon for the 105,000 shares of Series B Preferred Stock.
h)
On June 4, 2014, the Company entered into an Agreement (the “Exchange Agreement”) with Ann Powers, an individual (the “Noteholder”), where, among other things, the Company and Noteholder exchanged a certain Note (Inclusive of the principal amount, accrued and unpaid interest owed and other amounts owed in respect to the Note) for shares of the Company’s Series B Preferred Stock. The Noteholder and the Company exchanged the Notes, dated September 27, 2013 in the principal amount of $25,000 together will all interest and other documents amount accrued thereon for 6,000 shares of Series B Preferred Stock.
i)
On June 4, 2014, the Company entered into an Agreement (the “Exchange Agreement”) with MSF International, Inc., a Belize Company (the “Noteholder”), where, among other things, the Company and Noteholder exchanged a certain Note (Inclusive of the principal amount, accrued and unpaid interest owed and other amounts owed in respect to the Note) for shares of the Company’s Series B Preferred Stock. The Noteholder and the Company exchanged the Notes, dated July 1, 2013, July 19, 2013, September 6, 2013 and October 1, 2013, respectively in the principal amount of $25,000 ,$60,000, $20,000 and $35,000, respectively together will all interest and other documents amount accrued thereon for 212,000 shares of Series B Preferred Stock.
j)
On June 6, 2014, the Company entered into an Agreement (the “Exchange Agreement”) with LOMA Management Partners, LLC, a limited liability company domiciled in the State of New York (the “Noteholder”), where, among other things, the Company and Noteholder exchanged a certain Note (inclusive of the principal amount, accrued and unpaid interest owed and other amounts owed in respect to the Note) for shares of the Company’s Series B Preferred Stock. The Noteholder and the Company exchanged the Notes, dated July 31, 2013, October 28, 2013, January 23, 2014 and April 23, 2014, respectively, in the principal amounts of $75,000, $85,000, $20,000 and $150,000, respectively, together will all interest and other amounts accrued thereon for 60,000 shares of Series B Preferred Stock.
Yeah the 50 x 20 cross is one of my fav indicators especially on sub pennies.
More bids coming in. These peeps are going to get their share smoked and taken from the again
Its so weird when people try to make claims against these companies as if anyone really cares what they have going on. Its all about the story and the timing of the PR and the right people cranking the pig to make it run. Selling has subsided and all you see is flippers getting shares at 4 and stacking at 5 to put downward pressure on the bid to keep accumulating more stock. Eventually you will see that wall lift and the stock will move on air.
Yes he did speak to someone
One of my friends does and has stopped by. Turbine Aviation was swamped with employees and business. Photos have been posted
bunch of f2gs over here running the show imo
$TNIB should have reversed that is the only way their pig chit will ever go up in price
I agree mayer
$GLGT Lifting off
$GLGT boom time coming
That does not make sense, someone wrote a check for stock? How would the broker be involved in liquidating shares? Who was paid for shares? Someone wrote a check to the broker? Was this a private placement? The company would be owed the money not the broker? I am confused, Thanks for the update raven
Fire up the printing press boys an girls we have another day or paper selling going on.
I might add that those pressuring the bid and one tick flipping this will eventually be forced out or be leaving their large blocks on the ask which could get taken out with one single buy and then be forced to miss out
That's what it looked like to me today. I had some AON orders in that never got filled and when I tried to buy from nite they pulled the offer on several occasions.
Yes nice hammer candle formed today. People putting pressure on the bid to load. So pissed I didn't get those 3s today. Breakout is coming and float is getting locked down