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Re: PeterGates post# 75575

Friday, 07/04/2014 12:19:56 PM

Friday, July 04, 2014 12:19:56 PM

Post# of 80403
PeterGates, ECDC facts;

Name and Address of Beneficial Owner
Number of Shares Owned Kayode Aladesuyi (3) (7) (8). 4,000


Item 2. Unregistered Sales of Equity Securities
and Use of Proceeds.
On January 6, 2014, pursuant to a debt conversion
notice, the Company issued 189,739,800 shares of
the Company’s common stock to satisfy debt
obligations of $9,487.
On January 8, 2014, pursuant to a debt conversion
notice, the Company issued 200,000,000 shares of
the Company’s common stock to satisfy debt
obligations of $10,000.
On January 27 2014, pursuant to a debt conversion
notice, the Company issued 220,844,765 shares of
the Company’s common stock to satisfy debt
obligations of $11,042.
On February 10, 2014, pursuant to a debt conversion
notice, the Company issued 110,385,400 shares of
the Company’s common stock to satisfy debt
obligations of $4,967.
On February 11, 2014, pursuant to three debt
conversion notices, the Company issued 462,812,001
shares of the Company’s common stock to satisfy
debt obligations of $23,141.
On February 13, 2014, pursuant to a debt conversion
notice, the Company issued 294,000,000 shares of
the Company’s common stock to satisfy debt
obligations of $14,700.
On February 14, 2014, pursuant to two debt
conversion notices, the Company issued 231,904,000
shares of the Company’s common stock to satisfy
debt obligations of $11,595.
On February 21, 2014, pursuant to a debt conversion
notice, the Company issued 155,000,000 shares of
the Company’s common stock to satisfy debt
obligations of $6,975.
On February 24, 2014, pursuant to a debt conversion
notice, the Company issued 280,000,000 shares of
the Company’s common stock to satisfy debt
obligations of $14,000.
On February 25, 2014, pursuant to a debt conversion
notice, the Company issued 100,548,000 shares of
the Company’s common stock to satisfy debt
obligations of $5,027.
On February 28, 2014, pursuant to a debt conversion
notice, the Company issued 293,519,800 shares of
the Company’s common stock to satisfy debt
obligations of $17,176.
On March 3, 2014, pursuant to a debt conversion
notice, the Company issued 36,000,000 shares of the
Company’s common stock to satisfy debt obligations
of $1,800.
On March 5, 2014, pursuant to a debt conversion
notice, the Company issued 169,000,000 shares of
the Company’s common stock to satisfy debt
obligations of $9,000.
On March 6, 2014, pursuant to a debt conversion
notice, the Company issued 177,400,000 shares of
the Company’s common stock to satisfy debt
obligations of $7,096.
23
On March 11, 2014, pursuant to a debt conversion
notice, the Company issued 294,000,000 shares of
the Company’s common stock to satisfy debt
obligations of $14,700.
On March 21, 2014, pursuant to a debt conversion
notice, the Company issued 194,000,000 shares of
the Company’s common stock to satisfy debt
obligations of $9,700.
On March 24, 2014, pursuant to a debt conversion
notice, the Company issued 100,000,000 shares of
the Company’s common stock to satisfy debt
obligations of $7,000.
On March 25, 2014, pursuant to three debt
conversion notices, the Company issued 572,190,277
shares of the Company’s common stock to satisfy
debt obligations of $33,796.
On March 26, 2014, pursuant to two debt conversion
notices, the Company issued 314,285,714 shares of
the Company’s common stock to satisfy debt
obligations of $16,400.
On March 28, 2014, pursuant to a debt conversion
notice, the Company issued 369,872,800 shares of
the Company’s common stock to satisfy debt
obligations of $18,494.
On March 31, 2014, pursuant to a debt conversion
notice, the Company issued 200,000,000 shares of
the Company’s common stock to satisfy debt
obligations of $5,904.
These securities were not registered under the
Securities Act of 1933, as amended (the “Securities
Act”), but were issued in reliance upon the
exemption from registration provided by Section 4(2)
of the Securities Act.
Item 3. Defaults Upon Senior Securities.
The Company is in default with several of its
noteholders as reflected below and disclosed within
this report in Note 3 of the Notes to the Consolidated
Financial Statements dated March 31, 2014.
Panache Capital, LLC
$
7,189
Hanover Holdings I, LLC
88,344
Hanover Holdings I, LLC
19,797
Hanover Holdings I, LLC
7,934
Hanover Holdings I, LLC
18,113
Southridge Partners II LP
26,703
SC Advisors, Inc.
16,820
Azfar Hague
14,367
SC Advisors, Inc.
16,698
SC Advisors, Inc.
16,612
Asher Enterprises, Inc.
34,902
Andre Fluellen
8,500
WHC Capital, LLC
21,211
WHC Capital, LLC
21,434
Asher Enterprises, Inc.
34,681
Andre Fluellen
8,900
Sammie Hill
12,000
Andre Fluellen
3,500
Andre Fluellen
3,150
Bulldog Insurance
5,730
Robert Saidel
43,676
$
430,261

Good luck.

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