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Re: Durand post# 11978

Saturday, 05/09/2015 8:03:25 PM

Saturday, May 09, 2015 8:03:25 PM

Post# of 49370
Yep, I found it in the filings. I was searching for April 12 and subsequent filings omitted the date.

The May 20, 2014 filing, Aug 19, 2014 filing, Nov 14, 2014 filing all said;

In April 2013, the Company executed a term sheet . . .
The first tranche of $500,000 was to be deposited on or before May 17, 2013 in exchange for 15,000,000 shares. . .
The second tranche of $500,000 was to be deposited on or before September 20, 2013 in exchange for 5,000,000 shares of Series C Preferred Stock . . .
As of December 31, 2013, the Company received $342,500 toward the first investment tranche.
In January, 2014, the company issued to the investor 10,275,000 common shares, and the investor advanced an additional $30,000 to the Company.

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