What happened to the other $600k in deals? What happened to updating contact info and websites?
We had total assets of $242,588 as of September 30, 2017, which consisted of cash of $89, Barter exchange asset of $60,000, intangible assets of $72,242 (net of accumulated amortization of $130,258) from the Cana and Cana, Inc. and Loudmouth Media, Inc. acquisitions and goodwill of $110,257 from the Cana and Cana, Inc. acquisition.
We had total liabilities of $1,418,572 as of September 30, 2017 consisting of accounts payable of $309,017, accrued expenses of $356,536, shareholder loans payable of $129,967, advances due to shareholder of $364,052 and convertible notes payable for $259,000. For further information and details on convertible notes which have been issued, see Note 5 (Convertible Notes Payable) to the financial statements attached hereto as Exhibit A and information set forth in Item 4 above.
At September 30, 2017, we had total stockholders’ deficiency of $(1,175,984). We have had net losses since inception and had an accumulated deficit of $(8,006,386) at September 30, 2017.
The names of each of the Company’s executive officers, directors and control persons (control persons are beneficial owners of more than five percent (5%) of any class of the Company’s equity securities) based on 161,701,140 shares of common stock issued and outstanding as of November 14, 2017 are as follows:
Mark Schaftlein 59
Chief Executive Officer, Chief Financial Officer and
Director
Pam Pennoyer 55 Shareholder
(owning approx. 19.6% of Company’s
outstanding common shares and 25% of the Series
2014A Preferred Shares)
Ronald Henthorn Shareholder
(owning approx. 19.6% of Company’s
outstanding common shares and 25% of the Series
2014A Preferred Shares)
Capital Consulting, Inc. Shareholder
(owning approx. 7.5% of Company’s
outstanding common shares and 25% of the Series
2014 Preferred Shares). This is a corporation
controlled by Mark Schaftlein, CEO and Director.
RYOX Corporation Shareholder
(owning approx. 7.57% of Company’s
outstanding common shares and 25% of the Series
2014A Preferred Shares) This is a corporation
controlled by Murray Fleming, former Director.
Nacel Energy Corporation -- Shareholder
(owning approx. 6.6% of Company’s
outstanding common shares).
The following table sets forth certain information regarding the
beneficial ownership of our common stock as of November 14, 2017, by each person who, to our knowledge, owns more than 10% of any class of our common stock.
Pam Pennoyer
20024 106th SE
Kent, WA 98031
31,062,500 19.2 %
Ronald Henthorn
4511 Lake Washington Blvd. NE, Suite 3
Kirkland, WA 98033
31,062,500 19.2 %
+ Based on 161,701,140 shares of common stock issued and outstanding as of November 14, 2017.
The following table sets forth certain information regarding the beneficial ownership of our 2014A preferred stock as of November 14, 2017, by each person who, to our knowledge, owns more than 10% of any class of our preferred stock.
Pam Pennoyer
20024 106th SE
Kent, WA 98031
250 25.0%
Ronald Henthorn
4511 Lake Washington Blvd. NE, Suite 3
Kirkland, WA 98033
250 25.0%
Capital Consulting, Inc.(1)
335 E. Linton Blvd.
B14, Box 2085
Delray Beach, FL 33483
250 25.0%
RYOX Corporation(2)
1574 Gulf Road, #135
Point Roberts, WA 98281
250 25.0%
* Based on 1,000 shares of Series 2014A preferred stock issued and outstanding as of November 14, 2017.
