Alkame Holdings Inc (ALKM)

[KINGZEUS]

Old Debt / Increase to the Authorized / Previous Notes.
As we put out these filings this story should unfold rather clearly if it hasn’t already. Xtreme had some good contracts gone bad, and infrastructure issues, but we wanted the IP. We had a plan and we were able to step in and acquire our co-packer along with the IP because we had the ways and means to continue the vision of its original creators through utilization of our stock. As time went on in the trenches of fighting the good fight, we didn’t really see the old debt cleared out until early 2017, as is unfolding in the subsequent events and footnotes of the 10K. We cleared out massive amounts of the old debt that was used to acquire the IP and other various settlements that drained us in both funds and time. Unfortunately, clearing out this old debt was done at such low levels that it caused the increase in the authorized. If we pool together all of what we did creatively and pegged the number of actual debt eliminated from the books, it would be much higher than confirmed in the 10K and press release. Basically, we squared up with most everyone.