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Re: None

Thursday, 12/10/2020 1:40:20 PM

Thursday, December 10, 2020 1:40:20 PM

Post# of 84603
NECA: About 800 million shares waiting to be dumped- CAREFUL:

LAM Settlement from Filings:
Pursuant to the terms of the Settlement Agreement approved by the LAM Order, the Company agreed to issue to LAM shares (the “LAM Settlement Shares”) of the Company’s common stock, $0.00001 par value (the “Common Stock”) at a forty five percent (45%) discount to market. The Settlement Agreement provides that the LAM Settlement Shares will be issued in one or more tranches, as necessary, sufficient to satisfy the LAM Settlement Agreement through the issuance of freely trading securities,
exempt from registration, issued pursuant to Section 3(a)(10) of the Securities Act.
During the twelve months ended August 31, 2018, the Company issued 386,329,000 shares as follows:
As of November 30, 2018, none of these shares have been sold to reduce these liabilities.

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On April 1, 2020. The Company issued 436,244,030 shares pursuant to the Liabilities Purchase Agreement. As of the debt of this report, none of these shares have been sold

https://backend.otcmarkets.com/otcapi/company/financial-report/266209/content