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Friday, October 13, 2017 11:13:40 AM
On February 3, 2017, the Company issued 1,555,119 shares of common stock for the conversion of debt totaling $139,961 and gain on settlement of debt of $10,886.
On February 22, 2017, the Company issued 289,000 shares of common stock for the conversion of debt totaling $8,011 and gain on settlement of debt of $20,889.
On March 1, 2017, the Company issued 300,000 shares of common stock for the conversion of debt totaling $8,100 and gain on settlement of debt of $17,700.
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Table of Contents
GREY CLOAK TECH INC.
NOTES TO FINANCIAL STATEMENTS
JUNE 30, 2017
(unaudited)
NOTE 8 – STOCKHOLDERS’ EQUITY (CONTINUED)
On March 6, 2017, the Company issued 616,895 shares of common stock for the conversion of debt totaling $142,771 and loss on settlement of debt of $80,465.
On March 13, 2017, the Company issued 1,578,926 shares of common stock for the conversion of debt totaling $206,721 and loss on settlement of debt of $21,987.
On March 28, 2017, the Company issued 711,111 shares of common stock for the cashless exercise of 60,000 warrants.
On April 28, 2017, the Company issued 937,427 shares of common stock for the conversion of debt totaling $25,311 and gain on settlement of debt of $31,455.
On April 28, 2017, the Company issued 219,462 shares of common stock for the conversion of debt totaling $5,925 and gain on settlement of debt of $3,672.
On May 10, 2017, the Company issued 360,000 shares of common stock for the conversion of debt totaling $8,061 including fees of $500 and loss on settlement of debt of $20,739.
On May 24, 2017, the Company issued 219,462 shares of common stock for the conversion of debt totaling $5,925 and gain on settlement of debt of $8,155.
On May 24, 2017, the Company issued 468,714 shares of common stock for the conversion of debt totaling $12,655 and loss on settlement of debt of $31,873.
On May 24, 2017, the Company issued 468,713 shares of common stock for the conversion of debt totaling $12,655 and loss on settlement of debt of $31,872.
On June 12, 2017, the Company issued 438,468 shares of common stock for the conversion of debt totaling $15,000 and loss on settlement of debt of $18,762.
Warrant Issuances
As of June 30, 2017, there were 9,696,250 warrants outstanding, of which 2,696,250 are fully vested.
NOTE 9 – SUBSEQUENT EVENTS
In July 2017, the Company issued 800,000 shares of common stock for the conversion of debt totaling $7,920 including fees of $500.
In August 2017, the Company issued 909,090 shares of common stock for the conversion of debt totaling $10,000.
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