Thursday, February 05, 2015 2:04:02 PM
"Issuance History
For the year ended December 31, 2014 - The following issuances have taken place:
1. 05/22/14 - 20,000,000 Common shares issued to Eastlight Enterprises, Inc. a. Shares were issued in exchange for shareholder debt.
2. 05/22/14 - 20,000,000 Common shares issued to Globe Idol Capital, Inc. a. Shares were issued in exchange for shareholder debt.
3. 06/30/14 - 15,000,000 Common shares issued to Eastlight Enterprises, Inc. a. Shares were issued in exchange for shareholder debt.
4. 06/30/14 - 15,000,000 Common shares issued to Globe Idol Capital, Inc. a. Shares were issued in exchange for shareholder debt
5. 09/20/14 - 19,000,000 Common shares issued to Eastlight Enterprises, Inc. a. Shares were issued in exchange for shareholder debt
6. 09/20/14 - 19,000,000 Common shares issued to Globe Idol Capital, Inc. a. Shares were issued in exchange for shareholder debt
7. 09/30/14 - 50,000,000 Common shares issued to Kenneth Manzo a. Shares were issued in exchange for services
8. 09/30/14 - 30,000,000 Common shares issued to Board Directors. a. Shares were issued in exchange for services
9. 12/04/14 - 8,000,000 Common shares issued to Stock Vest. a. Shares were issued in exchange for services "
Revenue of $548 (no zeroes missing).
Operating expenses of - wait for it - $3,326,361, which is a spectacular expense by anyone's standards, for an alleged Mom and Pop business selling a colic treatment.
The total loss was over $4 million bucks, all of which went straight into the pockets of MMG, Ray Barton and Kenneth "The Shohola Snake" Manzo.
Incidentally these "accounts" were prepared by one John Scrutado, who has a very checkered history with the regulators:
http://www.google.com/url?sa=t&rct=j&q=&esrc=s&source=web&cd=12&cad=rja&uact=8&ved=0CE4QFjAL&url=http%3A%2F%2Fpcaobus.org%2FInspections%2FReports%2FDocuments%2F2013_John_Scrudato_CPA.pdf&ei=_7rTVKvPDMjSaNrxgZgN&usg=AFQjCNHDT-wyvRo6K5rrE22B4i3nFyNeJw&bvm=bv.85464276,d.d2s
Scrutado also prepared the accounts for MMG/Ray Barton stablemate scam MDIN among others.
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=84637466
(As MNZO fan topdog will doubtless recall. You may get a sense of deja vu from this post:
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=92237034
Amazon reference and all. MDIN now trades at 0.0002. LOL.)
"It is difficult to get a man to understand something, when his salary depends upon his not understanding it."
Upton Sinclair
"Nobody ever went broke underestimating the intelligence of the American public."
H. L. Mencken
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