Normally, Forward Investments sells their converted shares immediately as per the last 10Q and does not need to file a 13G (see below). THIS TIME, SHOOKER DECIDED TO KEEP 100M SHARES. Think he knows something? You bet your azz he does.
Issuance of shares pursuant to Forward Investments, LLC promissory notes
During January 2017, the Company issued 7,848,973 shares of its common stock to Forward Investments, LLC upon conversion of $582 principal amount of promissory notes outstanding. The shares were issued at $0.07 per share, per the terms of the notes payable.
During February 2017, the Company issued 11,881,352 shares of its common stock to Forward Investments, LLC upon conversion of $867 principal amount of promissory notes outstanding. The shares were issued at $0.07 per share, per the terms of the notes payable.
During March 2017, the Company issued 20,759,848 shares of its common stock to Forward Investments, LLC upon conversion of $1,365 principal amount of promissory notes outstanding. The shares were issued at $0.07 per share, per the terms of the notes payable.
During July 2017, the Company issued 44,641,199 shares of its common stock to Forward Investments, LLC upon conversion of $1,172 principal amount of promissory notes outstanding. The shares were issued at an average of $0.026 per share, per the terms of the notes payable.
During August 2017, the Company issued 60,135,366 shares of its common stock to Forward Investments, LLC upon conversion of $790 principal amount of promissory notes outstanding. The shares were issued at an average of $0.013 per share, per the terms of the notes payable.
