Wednesday, August 21, 2024 4:59:47 PM
Contributed capital is defined as..."Contributed capital, also known as paid-in capital, is the cash and other assets that shareholders have given a company in exchange for stock." Did ESC receive stock? Using the highest stock price of $.013 would mean ESC now holds 54,958,692 shares of stock. If they did not receive stock, what did they get for this donation/contribution? Where does the other side of this transaction show up on the financials?
Consolidated Statements of Changes in Stockholders Deficit
From December 31, 2021 to June 30, 2024
Contributed Capital - - - - 714,463
Transactions Epidemiologic Solutions Corporation (ESC), a 501 C (3) charity has made donations totaling $714,463
and $71,116 in June 30, 2024 and December 31, 2023, respectively. The capital contributions were to assist the
Company with operating capital. There were no amounts paid to any Officers or Directors of the Company. ESC
has no relationship to the Company and exists as a benefactor for the Company through the ownership of stock via
common shares purchased from third parties.
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