Friday, June 02, 2017 8:16:24 PM
Could it be those 250 million common shares are earmarked to play the part of wiping out convertible debt? I find this most interesting > 10-Q states at 3/31/2017 Convertible debt stood at $446,813...therefore take this $446,813 and divide it by Wais' 250,000,000 million common shares...
**Remember, they state that this deal done by a "cashless" transaction
$446,813 divided by 250 million= .001787 rounded up to .0018
TXHD press release announcing debt settlement with JSJ states .0018 was the price per share at exchange.
TXHD states $500,000 settlement.
$500,000/.0018 = 277,777,778 txhd shares
277,777,778- 262,000,000 = 15,777,778 shares due back to txhd
Deal supposedly done on May 24th
May 23rd stock price high was .0018
JSJ walks with 262 million txhd shares.
277,777,778 shares - 262 million shares = difference of 15,777,778 shares
15,777,778 x .0018 = $28,400
12 million shares x .0018= $21,600
$446,813 + $21,600 = $468,413 total JSJ monies
$500,000 - $468,413 = $31,587 txhd overpayment
$28,400 + $21,600 = $50,000
$500,000 - $446,813 = $53,187
$53,187 - $21,600 = $31,587 txhd overpayment
$31,587 going to payoff another debt holder?
May 24 signing from end of 1st quarter April 30th= 24 days
24 days of interest owed to JSJ
24 days is equivalent to 12 million shares for interest May 1st to May 24th.
Wais leaves 250 million shares in common shares at time of 1.75 billion transferred to Preferred status.
12 million share difference of JSJ holdings and Wais' 250 million common shares
Recent KOAN News
- Form DEF 14C - Other definitive information statements • Edgar (US Regulatory) • 07/17/2024 09:03:48 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 05/20/2024 09:31:28 PM
- Form NT 10-Q - Notification of inability to timely file Form 10-Q or 10-QSB • Edgar (US Regulatory) • 05/15/2024 02:38:15 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 03/07/2024 10:15:35 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 02/26/2024 04:51:05 PM
- Form SC 13G/A - Statement of acquisition of beneficial ownership by individuals: [Amend] • Edgar (US Regulatory) • 01/25/2024 09:03:18 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 12/13/2023 10:28:01 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 11/20/2023 08:22:07 PM
- Form NT 10-Q - Notification of inability to timely file Form 10-Q or 10-QSB • Edgar (US Regulatory) • 11/14/2023 11:03:56 AM
- Form 8-K - Current report • Edgar (US Regulatory) • 08/23/2023 10:05:51 AM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 08/14/2023 03:08:06 PM
Glidelogic Corp. Announces Revolutionary AI-Generated Content Copyright Protection Solution • GDLG • Jul 26, 2024 12:30 PM
Southern Silver Files NI43-101 Technical Report for its Updated Preliminary Economic Assessment for the Cerro Las Minitas Project • SSV • Jul 25, 2024 8:00 AM
Greenlite Ventures Completes Agreement with No Limit Technology • GRNL • Jul 19, 2024 10:00 AM
VAYK Expects Revenue from First Airbnb Property Starting from August • VAYK • Jul 18, 2024 9:00 AM
North Bay Resources Acquires Mt. Vernon Gold Mine, Sierra County, California, with Assays up to 4.8 oz. Au per Ton • NBRI • Jul 18, 2024 9:00 AM
Nightfood Holdings Signs Letter of Intent for All-Stock Acquisition of CarryOutSupplies.com • NGTF • Jul 17, 2024 1:00 PM