InvestorsHub Logo
Followers 126
Posts 5899
Boards Moderated 1
Alias Born 03/15/2007

Re: None

Thursday, 01/12/2012 11:18:25 AM

Thursday, January 12, 2012 11:18:25 AM

Post# of 73
Wow.

For the nine months ended September 30, 2011, the Company issued common stock as follows:

a) 850,000 shares for professional fees valued at $0.20 per share in January 2011.
b) 978,700 bonus shares in connection with convertible debt valued at $0.20 per share in January 2011.
c) 625,000 shares for professional fees valued at $0.50 per share in February 2011.
d) 566,000 bonus shares in connection with convertible debt valued at $0.50 per share in March 2011.
e) 1,036,964 shares for conversion of convertible debt and accrued interest valued at $1.00 per share in March 2011.
f) 1,360,000 shares and warrants for cash valued at $0.50 per share pursuant to a private placement offering in March 2011.
g) 150,000 shares for professional fees valued at $1.50 per share in April 2011.
h) 259,537 shares for conversion of convertible debt and accrued interest valued at $1.00 per share in April 2011.
i) 8,375,998 shares and warrants for cash valued at $0.50 per share pursuant to a private placement offering in April 2011.
j) 35,000 shares for professional fees valued at $0.50 per share in April 2011.
k) 440,753 shares for conversion of convertible debt and accrued interest valued at $1.00 per share in May 2011.
l) 415,000 shares and warrants for cash valued at $0.50 per share pursuant to a private placement offering in May 2011.
m) 332,574 shares for conversion of convertible debt and accrued interest valued at $1.00 per share in June 2011.
n) 2,100,000 shares and warrants for cash valued at $0.50 per share pursuant to a private placement offering in June 2011.
o) 1,440,000 shares for professional fees valued at $1.50 per share in June 2011.
p) 2,250,000 shares to officers for services rendered valued at $1.97 per share in June 2011.
q) 650,000 shares were retired in June 2011. These shares were originally issued to a third party consultant in July 2009, but it was determined that the individual did not perform the services underlying the payment of common stock and the shares were returned and retired.
r) 475,000 shares for professional fees valued at $2.57 per share in July 2011.
s) 300,000 shares related to employment agreements valued at $1.02 per share in July 2011.
t) 1,235,000 shares for professional fees valued at $1.24 per share in August 2011.
u) 150,500 shares related to employment agreements valued at $0.53 per share in August 2011.
v) 842,082 shares for conversion of convertible debt and accrued interest valued at $1.00 per share in August 2011.
w) 812,500 shares and warrants for cash valued at $0.50 per share pursuant to a private placement offering in July and August 2011.
x) 3,000,000 shares for the exercise of 3,000,000 stock warrants with an exercise price of $1.00 per share in August 2011.
y) 150,000 shares related to employment agreements valued at $0.80 per share in September 2011.
z) 202,233 shares for conversion of convertible debt and accrued interest valued at $1.00 per share in September 2011.

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.