Wednesday, August 22, 2018 10:30:16 PM
Reverse Stock Split
Effective October 12, 2015, the Company effected a 1-for-1,000 reverse stock split of its
outstanding shares of common stock, such that, immediately following such reverse stock split,
there were 709,023 outstanding.
Common Stock Issued for Consulting Services
In October 2015, a total of 250,000,000 post-reverse-split shares of the Company's common
stock were issued to five separate transactions to third-party consultants in consideration of
consulting services rendered, and to be rendered, by such consultants on behalf of the
Company.
Common Stock Issued Pursuant to Convertible Promissory Notes
In November 2015, in five separate transactions, a total of $2,900 of indebtedness evidenced by
convertible promissory notes was converted into a total of 29,000,000 post-reverse-split shares
of Company common stock.
Subsequent events were evaluated through December 31, 2016.
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