John Peters John W. Peters was appointed President and Chairman of the Board on June 9, 1997. He has served as our director from January 15, 1997. Previously he was our Operations Manager from 1993 through 1995. He has served as president and an executive officer of Certified Environmental Laboratories, Inc. and was vice president of sales and marketing for Comco Communications Corp. in California. Mr. Peters studied business administration at Long Beach Community College and California Polytechnic State University in San Louis Obispo, California.
CERTAIN BENEFICIAL OWNERS
PHI Mutual Ventures, LLC. 11,150,000 42.4% 1993 Dewer Lane #1-254 Rock Springs, Wyoming 82901
Item 12. Certain Relationships and Related Transactions.
The following information summarizes certain transactions in excess of $60,000 either we engaged in during the past two years or we propose to engage in involving our executive officers, directors, 5% stockholders or immediate family members of such persons.
On October 31, 1998 we received a demand for payment for a promissory note, dated October 1, 1997, in the amount of $142,975. The original holder of the note, Principal Holdings, Inc., had assigned the note to PHI Mutual Ventures, LLC, a shareholder. On November 27, 1998 we issued 8,600,000 shares, valued at $86,000, to PHI Mutual Ventures, LLC to satisfy the note.
Six Way Inc., a shareholder, advanced funds to us on a short-term basis during 1997 and on June 5, 1998 the debt was converted to 1,000,000 shares, valued at $87,900.
Earth Products & Technologies Inc · 10KSB · For 12/31/99
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