#10-A/ $IDGC, • INVESTMENT HOLDINGS
The Company owns 1,000,000 shares of common stock in PYHH which on July 11, 2017
underwent a name change to Osceola Gold and a ticker symbol change to OSCI.
This
constitutes a Level I asset because there are quoted prices for the stock in an active market,
and is therefore valued at $0.10 per share, the market price on the balance sheet date.
The company on February 13, 2017 retained the services of William Schifino Sr. with the law
firm of Burr and Forman out of Tampa, FL to review and begin the litigation process with a
course of action regarding the deposit and sale of the PYHH Shares.
These shares were
acquired as compensation from a consulting agreement with PYHH in 5/2013, the company and
Transfer Agent has blocked the legend removal from the certificate and neither has given a valid
legal argument for their actions.
The Company owns 198,385 shares of Series B Convertible Preferred Stock in PHYH. Each
share can be converted into 40 shares of common stock, a total of 7,935,400 common
shares if they were all converted.
This constitutes a Level III asset because there are no current
quoted prices for the identical common stock in an active market, and is therefore valued at $0
per common share equivalent, the market price of the common stock on the balance sheet date.
The Company owns 500,000 shares of common stock in Jack Rockwell, Inc. This constitutes a
Level 3 asset because it is a startup private company in which there is no reliable way
to determine the fair market value. The Company invested $25,000 during the three months
ended December 31, 2016 and no fair value adjustments have been made.
