On Otcmarkets I found no news about share structure,
so I assume 1,3 B O/S but I don't know A/S...
Latest R/S
shs decreased by 1 for 250 split. Pay date=01/12/2015.
Latest 10Q concerning 30/06/2015 said:]
Total assets 2,198,007
Total liabilities and stockholders' 2,198,007
Total expenses (192,356)
Net Income (Loss) (295,727)
Weighted average number of common shares outstanding
during the period/year 1,103,532,329
Common Stock, $0.001 Par Value 1,337,300,030
Series A Preferred Stock,$0.001 Par Value 100,000,000
Series B Preferred Stock,$0.001 Par Value 1
Additional Paid-In $ 12,847,419
Deficit Acquired During Development Stage $ (15,602,962
Accumulated Other Comprehensive Income $ 505
Total Stockholders' Equity $ (1,317,739
June 30,2014:
Convertible debt 1,068,770,184 (equivalent same number of common stocks)
Derivative Liability 694,287
At March 2015:
Property and equipment $ 154,228
At June 2015:
Liabilities acquired $ 3,357,087
Company's outstanding convertible debt as of June 30, 2015:
original amount 1,635,000
conversion through june 2015 759,130
As a result of the Hydra Acquisition, the Company acquired an additional $984,008 in debt as follows:
Golden State Equity Investors $ 350.000
St. George Investments, LLC $ 415.000
Bullivant Houser Bailey LLP $ 219.008
Stock Issued in Six months ended June 30, 2015
During the nine months ended June 30, 2015, the Company issued 1,328,388,347 shares of common stock for the conversion of $103,252 of
debt, $39,236 of accrued interest and $18,257 of related expenses.
Authorized Shares
On September 5, 2013, the Company held a special meeting of shareholders (the “Meeting.”). At the Meeting, shareholders approved that the
aggregate number of shares that the Corporation will have the authority to issue is Ten Billion Two hundrerd million (10,200,000,000), of
which Ten Billion (10,000,00,000) shall be common stock, with a $.001 par value, and Two hundred million (200,000,000) shares will be
preferred stock, with a par value of $.001. Prior to the Meeting, the Company was authorized to issue up to Two hundred million (200,000,000)
shares, of which One hundred million (100,00,000) shall be common stock, with a $.001 par value, and One hundred million (100,000,000)
shares will be preferred stock with a par value of $.001
Derivative liability balance at June 30, 2015 $ 694,287
At 30 June 2015 Total assets:
Cell fuel technologies $ 2,045,844
Contracted Research and Laboratory Services $ 151,704
Our expenses for the three months ended June 30, 2015:
Consulting Fees $ 75.000
Other General and administrative expenses $ 28,371
Management compensation decreased $5,210,000 due to the issuance of 100 million shares of common stock to our Management team.
