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Wednesday, May 18, 2016 11:04:54 AM
Under FASB ASC 505-10 Equity : Overall, the Company must disclose that the settlement alternatives are at the control of the Lender and that there is a potential for an infinite number of shares having to be issued, although the Lender has elected to limit its beneficial ownership to less than five percent unless the Company receives proper notification that the Lender will at any time convert either part or all of the loan to shares.
Recent DRFS News
- Form 8-K - Current report • Edgar (US Regulatory) • 06/20/2024 03:01:27 PM
- Form DEF 14C - Other definitive information statements • Edgar (US Regulatory) • 05/24/2024 01:56:41 PM
- Form PRE 14C - Other preliminary information statements • Edgar (US Regulatory) • 05/07/2024 01:24:18 PM
Freedom Holdings Corporate Update; Announces Management Has Signed Letter of Intent • FHLD • Jul 3, 2024 9:00 AM
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NUBURU Announces Upcoming TV Interview Featuring CEO Brian Knaley on Fox Business, Bloomberg TV, and Newsmax TV as Sponsored Programming • BURU • Jul 1, 2024 1:57 PM
Mass Megawatts Announces $220,500 Debt Cancellation Agreement to Improve Financing and Sales of a New Product to be Announced on July 11 • MMMW • Jun 28, 2024 7:30 AM
VAYK Exited Caribbean Investments for $320,000 Profit • VAYK • Jun 27, 2024 9:00 AM