We're on the same side here, so no reason to bold me to death. The company doesn't disclose it's share structure because they don't want investors to know what they're doing. We both know that. And these companies file 8Ks when they feel like it, and nobody polices them. You can look in their last financial statements and see where they issued millions of shares sometime between Sept 30 and Nov 19 and there were no filings.
I believe that somebody should force these companies to be transparent in their activities, but unfortnately nobody does. It's the reason I don't put money into OTC/Pinksheet traded stocks anymore because the deck is stacked ridiculously in the company's favor, and very few of the are honest. Good luck.
The Company has evaluated all events that occur after the balance sheet date through the date when the financial statements were issued to determine if they must be reported. The management of the Company determined that there were certain reportable subsequent events to be disclosed as follows:
Common stock issuance
The Company issued 15,065,500 shares of common stock for $75,000 in cash and repayment of common stock to be issued of $75,655 at its fair market value of $0.01 per common share.
The Company issued 4,993,116 shares of common stock for the conversion of $36,700 of convertible notes at a share price of $0.0735 per share.
The Company issued 40,000,000 shares of common stock at its fair market value of $0.01 per share or $400,000.
