InvestorsHub Logo
Followers 117
Posts 42236
Boards Moderated 1
Alias Born 05/16/2011

Re: ducduc1 post# 1238

Tuesday, 08/18/2015 10:49:57 AM

Tuesday, August 18, 2015 10:49:57 AM

Post# of 1554
Duc, help me with this...

In the recent filing it says this

NOTE 4 – INTANGIBLE ASSETS

Effective March 31, 2015, the Company finalized an asset purchase agreement with KZRP Partners. The assets purchased include software, intellectual property, code, processes and other software and processes known as “Coubox”. The purchase price is $150,000 to be paid with the issuance of 1,000,000 shares of common stock. As of April 30, 2015, the shares have not yet been issued and are therefore shown as a stock payable in the financial statements. The assets will be amortized over their estimated useful life of three years.



But yet, here is something that I found that says

As of October 1, 2014, CouBox of KZRP Partners was acquired by Mobile Lads Corp.



http://www.bloomberg.com/research/stocks/private/snapshot.asp?privcapId=273852643

Doesn't that sound "finalized" ?

And why wasn't the stock already issued?

Any thoughts?

Are you playing stupid or is it not an act?
"Beauty fades. Dumb is forever"
"Don't spit on my cupcake and tell me it's frosting"
"Don't pee on my leg and tell me it's raining"
All said by Judge Judy