Thursday, August 02, 2018 6:14:52 PM
The "getting current" with OTCMarkets with more paid disclosure was nothing about a pump and dump to allow the toxic death spiral convertible holders to dump more stock. All they needed was VOLUME - new uninformed people to somehow think this stock has any kind of a future and buy the stock the toxic holders were dumping. And how did this insolvent company pay for the new OTCMarket's disclosure? The toxic death spiral holders loaned them $10K to do it - they PAID FOR THE PUMP!
"There was $10,000 in new debt accruals in the three month period ended March 31, 2018."
But that $10K investment paid off handsomely, as the toxic death spiral convertible holders were able to dump over $100K in stock into the pump. A 10 TIMES return on investment!
During the three month period ended March 31, 2018, and pursuant to a partial conversion notice received, the Company issued 138,361,265 shares of common stock of the Company to satisfy $9,685 of the principal and interest due on a Promissory Note dated February 3, 2014 with LG Capital Funding LLC.
During the three month period ended March 31, 2018, and pursuant to a partial conversion notice received, the Company issued 194,000,000 shares of common stock of the Company to satisfy $13,580 of the principal and interest due on a Promissory Note dated October 1, 2013 with Typenex Co-Investment, LLC.
During the three month period ended March 31, 2018, and pursuant to a partial conversion notice received, the Company issued 204,185,714 shares of common stock of the Company to satisfy $14,293 of the principal and interest due on a Promissory Note dated October 2, 2012 with Tangiers Investors LP.
During the six month period ended June 30, 2018, and pursuant to 6 partial conversion notices received, the Company issued 645,663,096 shares of common stock of the Company to satisfy $74,843 of the principal and interest due on a Promissory Note dated August 6, 2014 with KBM Worldwide, Inc.
Thankfully, they seem to have run out of new bagholders willing to throw money at this worthless company.
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