First official note - but notice that Benny Powell CEO used his shares to secure the note.
August 19, 2013 First Filing of 8k - convertible debt financing 8k link to first offical convertitble debt financing ITEM 1.01 - ENTRY INTO A MATERIAL DEFINITIVE AGREEMENT On August 1, 2013, we issued a $166,000 12% secured convertible debenture to WHC Capital, LLC (the "Debenture"). The Debenture matures on August 1, 2014……... ...In addition, Benny Powell, our Chief Executive Officer, President, Chief Financial Officer, Secretary, and Director, pledged 35,000,000 shares of his common stock to secure the Debenture.
Just a few posts for those interested. Hopefully I'll get the more efficient business history info with these links up soon. I have it all compiled just need to get to get it condensed for the info the page.
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