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Post# of 40474
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elbiatcho1

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elbiatcho1

Re: None

Friday, 05/17/2019 3:08:24 PM

Friday, May 17, 2019 3:08:24 PM

Post# of 40474
Who is the creditor?
Is this causing problems?

Common stock issued during the fiscal year ended December 31, 2017:During the fiscal year ended December 31, 2017, the Company issued a total of 500,000,000 shares to a creditor of the Company for consideration of $5,000. The shares were issued below par value and the Company recorded $495,000 as interest expense relative to the discount on the issuance of the stock.
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  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
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