Monday, May 16, 2016 7:31:06 PM
From January 1, 2016 to May 13, 2016, the Company issued the following preferred and common shares:
? In accordance with the original terms, converted 1,365 of Series E Preferred Stock into 17.1 million shares of common stock;
? In accordance with the original terms, converted 1,605 of Series H Preferred Stock into 28.8 million shares of common stock;
? In accordance with the original terms, issue Preferred Stock E dividends into 2.1 million shares of common stock;
? In accordance with the original terms, converted notes and interest $200,000 into 3.8 million shares of common stock;
? In accordance with the original terms, issue Preferred Stock H dividends into 2.3 million shares of common stock;
? Issued 0.5 million shares for services.
See below for more detail regarding certain debt and equity related transactions.
This is why the price fell so low, and the opposite should happen soon imho.
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