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Tuesday, March 27, 2018 9:12:25 AM
From the 1-APOS dated 3/9/2018
DESCRIPTION OF SECURITIES
General
Our authorized capital stock consists of 3,450,000,000 shares of common stock, $.00001 par value per share, and 5,000,000 shares of Series A Super Voting
Preferred Stock, $.00001 par value per share. As of the date of this Offering Circular, there were 627,814,672 shares of our common stock issued and outstanding, held
by 53 holders of record; a total of 873,204,859 shares of common stock reserved for issuance upon conversion of the currently convertible portions of convertible debt
instruments and under agreements; and 2,000,000 shares of Series A Super Voting Preferred Stock issued and outstanding.
Offering Summary
Securities Offered: 1,250,000,000 shares of common stock, par value $0.00001 (the Offered Shares).
Offering Price: $0.0008 per Offered Share.
Shares Outstanding Before This Offering: 627,814,672 shares issued and outstanding as of the date hereof, with an additional 62,781,467 unissued shares underlying currently convertible portions of outstanding convertible instruments.
Shares Outstanding After This Offering: 1,562,814,672 shares, with an additional 156,281,467 unissued shares underlying currently convertible portions of outstanding convertible debt instruments and agreements.
Minimum Number of Shares to Be Sold in This Offering: None
I am not a registered investment advisor. Anything I say is a matter of my personal opinion. Do your own research and come to your own conclusions.
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