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Saturday, January 13, 2018 2:45:32 PM
There’s also been new convertible notes issued to those connected to the newer board members. And they still owe Falso over $60,000 with interest.
The total notes payable and accrued interest reflected as of April 30, 2017 amounted to $626,087.00 and $363,104.00, respectively. The notes are unsecured, due on demand, bear interest at various rates from 8% to 18% per annum and are convertible into common stock of the Company.
The ASKE transfer agent has been instructed to irrevocably set aside 1,844,000,000 shares in favor of Michael Zoyes. The TA was also instructed to irrevocably set aside 1,156,000,000 shares in favor of Sonny Boyd Williams LLC. As of April 30, 2017 the total principal amount due Sonny Boyd Williams LLC was $182,134 with the accrued interest of $208,846.00. The principal balance owed to Michael Zoyes on this Note is $18,440.00 and accrued interest of $17,153.00.
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