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Re: pennylandspirit post# 35480

Saturday, 07/15/2017 3:42:15 PM

Saturday, July 15, 2017 3:42:15 PM

Post# of 138023
Negative, SUBSEQUENT to April 30 2017 the COMPANY issued a total of 2.12 billion shares of RESTRICTED common stock to several individuals for cash proceeds of $127,500. The 98,050,000 COMMON stock shares were "rendered valued at a total of $9,213,195" which is your .09 a share conversion you were referring to. Be this as it may restricted stock units have vesting requirements that restrict the persons granted the RSUs from actually owning the shares and doing what they please with it. Vesting requirements are usually met within 6 months to a year. Further more RSUs are normally granted to individuals by corporations *FOR FREE* So perhaps our private grantees of said 2.12 billion RSUs see something more in OTTV for shelling out the $127,500 for these encumbered units?