Impact Fusion International Inc (IFUS)

[4u2nv2]

Does not get more true than this IFUS filing.
""the Company has an accumulated loss from operations is September 30, 2010 of $21,219,030 since inception"

https://www.otcmarkets.com/financialReportViewer?symbol=IFUS&id=41608

And then they stopped filing numbers after LOTS of shares had been sold/used.

Common Stock
2010
The Company issued 9,546,052 common shares for services rendered and expensed to
consulting services of $116,224.
The Company converted debt of $128,677 and issued 6,070,642 for the conversion and
issued 15,378,300 for interest expense on the conversion of $331,200.
The Company had beneficial conversion features of $210,200 for the convertible debt
held by affiliates and notes payables of non-affiliate.
The Company had cost of raising capital of $135,554.
The Company issued 36,000 of Preferred B shares for $180,000 in cash.
The Company issued 631,560 in common stock for $6,000 in cash.
2009
The Company issued 44,045,454 of stock that was subscribed in year ended December
31, 2008 at a value of $66,068.
The company reversed the stock on April 9, 2009 for a 2500:1 reverse split. After the
reverse split the Company had 573,561 shares issued and outstanding.
The Company issued 15,000,000 common shares to prior officers and directors in
exchange for early extinguishment of all employment and other contracts with the
company the shares were valued at $.59 and the Company expensed $8,850,000.
34
The Company issued 113,500,000 for all the shares in Impact Fusion International, Inc.
The Company’s common stock as trading at $.59 the Company valued that asset at
$66,965,000. This value is eliminated in the consolidated financial statements.
The Company issued 1,200,000 to modify its existing agreement with its wholly owned
subsidiary and the trading value at the time of modification was $.55 and the Company
expensed $660,000 as consulting expenses.
The Company issued 370,000 for the conversion of debt outstanding with the company
that totalled $177,521 the stock was trading at $.45 per share at the time of the debt
reduction.
The Company issued 517,242 for $25,000 the stock was trading at $.55 per share with the
total value of $263,794 the Company expensed the difference of $238,794 as consulting
fees.
The Company issued 514,831 for marketing services and expensed $231,793 as
marketing expenses.
The Company issued 32,957,600 shares for the conversion of debt of $164,788 the stock
was trading at $.04 with the total value of $1,512,936 where the difference to the debt
reduction of $1,348,148 was expenses as consulting services.
The Company issued 1,200,000 common shares for $25,000 the stock was trading at $.08
for the total value of $90,000 the difference of $65,000 was expensed as consulting fees.
The Company issued 518,091 common shares where as 500,000 was for consulting fees
valued at $.55 per shares and 18,091 common shares was for outstanding debt of $5,000
with a trading value of $.55 per share. The company reduced the debt of $10,000 and
expenses the difference of $279,973 to consulting services.
The Company issued 23,901 common shares for $5,000 in outstanding debt the trading
value of the stock was $.42 with a total value of 10,038 where as $5,000 was applied to
the reduction of debt and the difference of $5,038 was expensed as consulting.
The Company issued 1,000,000 common shares for marketing expenses at the trading
value of $.04 the Company expensed $40,000.