INTER-COMPANY SELF ENRICHMENT TRANSACTIONS HERE! AS INCREASE IS DEFINITELY IS COMING OR ALL THESE TRANSACTIONS BELOW WONT WORK!
GIVING NOTES TO EACH OTHER!! SEE BELOW!!
Maslow issued to Hawkeye Enterprises 0.1 shares of Maslow Common Stock, a Warrant for .0.5 shares of Maslow Common Stock and a Convertible Promissory Note of same date in the initial principal amount of $50,000, in exchange for $50,000. The note bears interest at 12% per year, with balance due and payable on June 27, 2020.
Hawkeye Enterprises may convert the note into shares of Maslow’s common stock upon the issuance by Maslow of its common stock for gross proceeds of at least $5,000,000.
The warrant grants Hawkeye the right to purchase 0.05 shares of Maslow’s common stock
Maslow issued to Mr. Speck a Warrant for 0.5 shares of Maslow Common Stock and a Convertible Promissory Note of same date in the initial principal amount of $50,000, in exchange for $50,000.
Mr. Speck may convert the note into shares of Maslow’s common stock upon the issuance by Maslow of its common stock for gross proceeds of at least $5,000,000.
The warrant grants Mr. Speck the right to purchase 0.05 shares of Maslow’s common stock
On July 31, 2019, Maslow entered into a Securities Purchase Agreement with Nick Tsahalis, an officer and director of Maslow. Pursuant to this agreement, Maslow issued to Mr. Tsahalis a 0.20 shares of Maslow’s Common Stock, and a Warrant to purchase 0.1 shares of Maslow’s common stock, and a Convertible Promissory Note of same date in the initial principal amount of $100,000, in exchange for $100,000.
Mr. Tsahalis may convert the note into shares of Maslow’s common stock upon the issuance by Maslow of its common stock for gross proceeds of at least $5,000,000.
YEAH ISSUE YOURSELF A NOTE WHILE YOU AT IT!![/b] "On September 5, 2019, Maslow entered into a Secured Promissory Note agreement with Vivos, pursuant to which Maslow issued a secured promissory note to Vivos in the principal amount of $750,000. The note bears interest at 2.5% per year, and requires Vivos to make monthly payments to Maslow of $9,741.87 per month beginning December 1, 2019, with balance due and payable on November 1, 2026. Upon an event of default, which occurs upon failure of Vivos to make any monthly payment due under the terms of the note, Maslow has the right to declare the entire unpaid balance of the note due and payable. The note is secured by 30,000,000 shares of common stock of Maslow Media Group, Inc. or its successors or assigns, which is due and payable upon a default by Vivos, which occurs upon failure of Vivos to make any monthly payment due under the terms of the note. In addition, both Naveen Doki and Silvija Valleru personally guaranty the repayment of the note by Vivos. Naveen Doki and Silvija Valleru are beneficial owners of Vivos, and are also 5% or greater beneficial owners of Maslow’s common stock. The foregoing summary is qualified in its entirety by reference to the full text of the agreement attached as Exhibit 10.26"
On July 13, 2019, Maslow commenced an offering of “Units” with each Unit comprised of (i) one (1) senior unsecured convertible promissory note, to be issued in $100,000.00 principal amounts; (ii) 0.20 shares of Maslow Common Stock and (iii) a warrant to purchase 0.1 shares of Maslow Common Stock in an offering aggregate principal amount of up to $1,500,000.00. The offering is being conducted pursuant to Section 4(a)(2) of the Act. The convertible notes issued have a maturity date that is one year from the issuance of the note, unless earlier converted into shares of the Maslow Common Stock upon the issuance by Maslow of Maslow Common Stock for gross proceeds of at least $5,000,000. To date, the company has sold 8.5 “Units” to eleven accredited investors for total proceeds of $850,000.
WOW DO WE ADD OR SUBTRACT THIS FROM THE OTHER VIVOS NOTE?? On November 15, 2017, the Company issued an intercompany promissory note to Vivos Real Estate, LLC in the amount of $771,928. On September 5, 2019, the Company issued an intercompany promissory note Vivos in the principal amount of $750,000.
WOW DO WE ADD OR SUBTRACT THIS FROM THE OTHER VIVOS NOTE TOO?? On September 5, 2019, the Company entered into a Secured Promissory Note Agreement with Vivos, pursuant to which the Company issued a secured promissory note to Vivos in the principal amount of $750,000.
AI
