Saturday, January 15, 2022 10:13:34 AM
In the Q3 report, Section B of Debt Securities, Including Promissory and Convertible Notes:
Date of Note Issuance: 1/10/2016
Outstanding Balance: $158,750
Principal Amount at Issuance: $225,000
Interest Accrued: $188
Maturity Date: 1/17/17
Conversion Terms: $.001 per share
Name of Noteholder: J-RICKS LLC, Christopher Balmford
Reason for Issuance: Loan
The latest “issuance” you are referencing, is simply J Ricks converting some of the debt into shares. He was not issued those shares from a recent note. All of his shares are from the 2016 note, which is the one Carnahan issued, when he was in charge.
Date of Note Issuance: 1/10/2016
Outstanding Balance: $158,750
Principal Amount at Issuance: $225,000
Interest Accrued: $188
Maturity Date: 1/17/17
Conversion Terms: $.001 per share
Name of Noteholder: J-RICKS LLC, Christopher Balmford
Reason for Issuance: Loan
The latest “issuance” you are referencing, is simply J Ricks converting some of the debt into shares. He was not issued those shares from a recent note. All of his shares are from the 2016 note, which is the one Carnahan issued, when he was in charge.
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