"SUBSEQUENT EVENTS (CONTINUED)
Accounts Payable Settlements
On April 1, 2016, the Company agreed to terms and paid two vendors to settle a combined outstanding balance of $38,449 for $9,496.
Share Issuances
On January 4, 2016, the Company issued 16,670,000 shares of common stock to holder of a convertible note dated June 8, 2015. The noteholder converted $10,002 of principal only for the shares. The applicable conversion price was $0.0006.
On March 15, 2016, the Company issued 24,000,000 shares of common stock to holder of a convertible note dated June 10, 2015. The noteholder converted $6,000 of principal only for the shares. The applicable conversion price was $0.00025.
On March 17, 2016, the Company issued 25,000,000 shares of common stock to holder of a convertible note dated June 10, 2015. The noteholder converted $3,125 of principal only for the shares. The applicable conversion price was $0.000125.
On March 21, 2016 the Company issued 85,832,640 shares of common stock were issued to the Comitos and their affiliates pursuant to the Comprehensive Settlement Agreement entered into on March 9, 2016 to convert $1,000,000 in notes payable and acquire the intellectual property of the Company.
On March 22, 2016, the Company issued 27,500,000 shares of common stock to holder of a convertible note dated June 10, 2015. The noteholder converted $2,063 of principal only for the shares. The applicable conversion price was $0.000075.
On April 4, 2016, the Company issued 55,000,000 shares to settled an outstanding note of $50,000 owed to a related party.
On April 11, 2016 the Company issued 20,000,000 shares of common stock to holder of a convertible note dated June 8, 2015. The noteholder converted $2,030 of principal only for the shares. The applicable conversion price was $0.0001015.
On April 15, 2016, the Company issued 50,000,000 common shares pursuant to a settlement agreement entered into on March 30, 2016, concerning trademark litigation with plaintiff, Breathe LLC (a Florida organization.) Share issuance to be recorded at the closing price of the stock as of the day the Company entered into the settlement agreement in the amount of $50,000 (at par value.)
On May 10, 2016, the Company issued 1,965,570,000 shares of common stock to the principal of White Fox, Mr. Shinsuke Nakano and investors who had invested $196,557 into the Company in the form of payment of various settlements and invoices outstanding. The investment was treated as a private placement at $0.0001, whereby the Company issued shares to Nakano and the investors which represents about 71.7% of the shares issued and outstanding."
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