Followers | 471 |
Posts | 29508 |
Boards Moderated | 1 |
Alias Born | 11/12/2016 |
Monday, August 20, 2018 5:45:17 PM
He is known to short prior to conversion start date.
6 month restriction is lifted October 9th.
Need to restructure Auctus
AUCTUS CAPITAL: the company entered into a Securities Purchase Agreement dated April 9, 2018 (the "Agreement") , by and between the Corporation and Auctus Fund, LLC, in connection with the issuance of the 10% convertible note, in the aggregate principal amount of $145,000.00 (the "Note"), convertible into shares of common stock, $0.001 par value per share, (the "Common Stock"), upon the terms and subject to the limitations and conditions set forth in such Note, along with an irrevocable letter agreement with Standard Registrar and Transfer Co., Inc., the Company's transfer agent (the "Transfer Agent"), with respect to the reserve of shares of common stock to be issued upon any conversion of the Note; the issuance of such shares of common stock in connection with a conversion of the Note; and the indemnification of the Transfer Agent for all loss, liability, or expense in carrying out the authority and direction contained in the irrevocable letter agreement (the "Letter Agreement").
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