Imagination TV Inc. (IMTV)

[ANTI-BAGHOLDER]

Amazing, only 46 BILLION need to be issued with over $1 million owed in notes.



As of March 31, 2019, the Company was authorized to issue 4,000,000,000 shares of common stock and had 3,136,807,044 issued and outstanding. Per the terms of its convertible notes payable, these debt instruments were convertible into an additional 46,739,852,727 shares of common stock, which exceeds the maximum number of shares of common stock that the Company is authorized to issue. As a result, all of the Company’s convertible notes payable were treated as if they were derivative liabilities as of March 31, 2019. The following is a summary of the convertible shares as of March 31, 2019: