Monster Arts Inc (APPZ)

[Raggedy Man]

I read that one. It is ugly.

Tons of people were paid in shares. Its just ridiculous.

They just don't have any money. Bet those people are not happy to see a reverse split.



The following table summarizes the total outstanding principle on convertible notes payable:


June 30,
2014 December 31,
2013

Convertible Notes Payable- Asher Enterprises, Inc. $ 59,060 $ 228,510
Convertible Notes Payable - Tangier Investors, LLP — —
Convertible Note Payable- Premier Venture Partners LLC — 17,370
Convertible Note Payable- Dennis Pieczarka 2,500 2,500
Convertible Note payable - Christopher Thompson 15,000 10,000
Convertible Note payable - James Ault 2,565 2,565
Convertible Note payable - Charles Knoop 1,000 1,000
Convertible Note payable - LG Capital Funding 74,000 —
Convertible Note payable - JMJ Financial 60,000 —
Convertible Note payable - IBC Funds, LLC 152,321 —
Convertible Note payable - WHC Capital, LLC 21,949 —
Convertible Note payable - ADAR BAYS, LLC 30,000 —
Convertible Note payable - Beaufort Capital 50,000 —
Convertible Note payable - Brent Denlinger 15,000 —
Convertible Note payable - Jessie Redmayne 5,000 —
Convertible Note payable - Jennifer Salwender 20,000 —
Convertible Note payable - Anubis Capital Partners 127,900 —
Convertible Note payable - KBM Worldwide 63,000 —
Total $ 699,295 $ 261,945