11/7/18 10-Q Highlights:
Overall, not much has changed during this quarter. Company still has nominal revenues, a relatively reasonable net less (for the pink sheet market), but IMO CEO Shaun Donnelly is managing expenses and convertible debt very well.
Good points:
The Company issued warrants to purchase 145,000,000 shares of common stock, exercisable for five years from issuance at $0.0003 per share.
-with a strike price of .0003, that means in order to make money the PPS must be over that price, and the higher the price, obviously the more money they will make: They're motivated by making the share price higher than .0003 and if you don't think they want it to go as high as humanly possible you're nuts
-IMO that makes buying 2s and 3s now a very safe investment
'NOTE 9 – SUBSEQUENT EVENTS
Subsequent to September 30, 2018 and through the date that these financials were made available, the Company had the following subsequent events:
On October 9, 2018, the Company executed a TV media distribution agreement with RIGHT NOW TV Management, Inc. regarding to the television show entitled “Lingerie Fighting Championship”.'
-New TV media/distribution agreement for a reality television show: this could be Huge
-also it states that the director (Shawn Donnelly) will be solely responsible for all costs and expenses related to the Series....considering Shawn is also a full-time producer of various indie films, documentaries, tv shows, etc. aside from being CEO of lfc, makes sense that he would elect to do this and not charge the company
-think about it: it's a no-lose scenario, the company cannot lose money on this venture if it turns out to be a dud, but if its even a moderate hit and success than the company will benefit enormously, and what guy doesn't want to watch a reality tv show full of beautiful women fighting in lingerie...I think this could be huge for the brand
$BOTY
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