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Monday, May 02, 2016 8:26:30 PM
In addition, over 3,500,000 shares were given out in lieu of payments. Zalemark didn't have funds to pay anyone so they traded the monies that were due for restricted stock. All of the above transactions were at $0.02. The debt conversions were on October 19th, November 24th and the beginning and end of December. The purchase was October 19.
So instead of getting payment for loans, invoices, work, etc., these people and entities got stock at a value of $0.02. Of course these people are unhappy. The stock that these people and entities have received is now sub penny with no chance to get higher. So this brings me around to the "officer changes" filing extension. There are only three officers listed at year end;
Raymond Ruiz - President and CEO
Caren Currier - Controller / Secretary/Treasurer
Ernest Martel - COO/CIO
Did someone say "enough is enough" and throw in the towel? I hope so.
As far as I am concerned, these three people are as inept and stupid as the con-man clown Steven Zale.
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