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Re: Darganslayer post# 988

Monday, 06/07/2010 12:48:42 PM

Monday, June 07, 2010 12:48:42 PM

Post# of 1011
More MASSIVE john D Stanton pollution did he tell Steve Gurba?
LOOK Stanton stuffed Huffman,Thomas, Baker formerly of Newgreen with a even worse stock BLVT.
Hey fat Steve, did Rosie sell all hers?


As of December 31, 2009, Mr. Thomas was owed a total of $45,000 of which is covered by a promissory note, Mr. Baker was owed $150,000 plus interest, and Mr. Brown was owed $2,500.


NOTE 4 - STOCKHOLDERS' EQUITY


On October 12, 2005, 246,667 shares were issued for the comprehensive Agreement for Licensing, Joint Venture Agreement, and Manufacturing Agreement with Regent Machine Products, LLC. Additionally, in the quarter ended June 30, 2006, 83,333 shares were issued under this agreement. On January 23, 2007, 50,000 shares were issued. A total of 380,000 shares have been issued under this agreement as reflected on the Income Statement under Research and Development. 3,183,333 common shares were issued for the purchase of the CAVD Technology and 2,800,000 common shares were issued for the Plasma/BORS Technology.

On August 3, 2009 the Company entered into an Agreement with Bulova Technologies (BLVT) whereby BLVT would assume a portion of the debt owed to Craig Huffman for services performed as CEO and Director in the amount of $300,000 in exchange for 20,000,000 144 restricted common shares of the Company. In addition BLVT assumed a portion of the debt owed to James Thomas for services rendered as Director in the amount of $125,000 in exchange for 8,333,333 144 restricted common shares of the Company. In addition the Company issued 3,609,667 144 restricted shares to Craig Huffman for the balance of $54,145 owed him. James Thomas was issued 1,333,333 of 144 restricted shares in exchange for $20,000 owed to him and a Convertible Note for $45,000.

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