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Re: TripleL post# 1011

Monday, 05/17/2010 12:59:30 AM

Monday, May 17, 2010 12:59:30 AM

Post# of 9786
Additionally, for Dr. Newell, past the form-4 filing there is the 8-K filed in March.

ITEM 3.02 UNREGISTERED SALE OF EQUITY SECURITIES

On March 17, 2010, we sold 500,000 restricted shares of common stock to Roger Newell, our president, in consideration of $100,000. Further, we granted Mr. Newell the right to acquire an additional 500,000 shares of common stock at an exercise price of $1.25 per share. We sold the foregoing securities to Mr. Newell pursuant to the exemption from registration contained in Section 4(2) of the Securities Act of 1933, as amended. Mr. Newell is a sophisticated investor and was furnished with the same information that could be found in a Form S-1 registration statement.


http://www.sec.gov/Archives/edgar/data/1402062/000100201410000200/lvmci8k31710.htm