ayuda funding converted preferred a series shares into common shares, ok?
here the sec filling:
STOCK ISSUANCE
During the third quarter ended March 31, 2007 for the fiscal year end June 30, 2007:
Ayuda Funding, LLC converted 87,500 shares of Series A Preferred Stock into 875,000,000 shares of common stock.
During the second quarter ended December 31, 2006 for the fiscal year end June 30, 2007:
Ayuda Funding, LLC converted 87,500 shares of Series A Preferred Stock into 875,000,000 shares of common stock.
050.
During the first quarter ended September 30, 2006 for the fiscal year end June 30, 2007:
Ayuda Funding, LLC converted 76,027 shares of Series A Preferred Stock into 760,270,000 shares of common stock to payback Ayuda in the amount of $2,392,991.
190,000,000 shares of common stock were issued by Ayuda Funding, LLC valued at $190,000.
and seamless paid them the loan back with shares from 1st global und drl funding. and seamless get this converted shares back from ayuda. and i think they will turn this shares back from the market. and o/s is not 3.5 billions then 1.0 billions.
