DD Support Board and Research Team

[samsamsamiam]

PUNL - financing agreement

http://www.sec.gov/Archives/edgar/data/1415744/000139808012000044/punchlinefinancingagreementw.htm

LINE OF CREDIT FINANCING AGREEMENT
THIS LINE OF CREDIT FINANCING AGREEMENT dated the 27th day of August, 2012

BETWEEN:


Coach Capital, LLC., of Suite 600, 1201 Orange Street, Wilmington, DE, 19899-0511 (hereinafter, the "SUBSCRIBER")

AND:

Punchline Entertainment Inc., a Nevada corporation, of 736 Bay Street, Suite 1205, Toronto, Ontario, Canada (hereinafter, the "COMPANY")



Wonder how many shares they get for each dollar the lend?

http://www.sec.gov/Archives/edgar/data/1415744/000139808012000044/punchlinefinancingagreementw.htm



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There was already one draw down - but nothing noted as to number of shares.

http://app.quotemedia.com/quotetools/newsStoryPopup.go?storyId=54036719&topic=PUNL&symbology=null&cp=off&webmasterId=89753


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Haven't changed the SS since set up in 2006.
http://nvsos.gov/sosentitysearch/corpActions.aspx?lx8nvq=0wM%252f%252ftR98DWoXUoL8X8Qhw%253d%253d&CorpName=PUNCHLINE+RESOURCES+LTD.

oddly the otc doesn't list the 75,000,000

PUNL Security Details
Share Structure
Market Value1 $77,000,000 a/o Sep 10, 2012
Shares Outstanding 50,000,000 a/o Jun 14, 2012
Float Not Available
Authorized Shares Not Available
Par Value 0.001

http://www.otcmarkets.com/stock/PUNL/company-info

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Coach Capital LLC - same as Quarry Bay Capital LLC.
or just sharing an address?

http://www.faqs.org/sec-filings/120713/Poly-Shield-Technologies-Inc_8-K/ex10-3.htm

Poly Shield/Globetrac

LOAN AGREEMENT
June 29, 2012


Quarry Bay Capital LLC. (the “Lender”) of Suite 600, 1201 Orange Street, Wilmington, DE, 19899-0511, advanced CDN$50,000 (the “Principal Sum”) to GlobeTrac, Inc. (the “Borrower”) of Suite 610, 1100 Melville Street, Vancouver, British Columbia, V6E 4A6. The Lender advanced the funds on June 29, 2012.


Read more: http://www.faqs.org/sec-filings/120713/Poly-Shield-Technologies-Inc_8-K/ex10-3.htm#ixzz26Bc0T2Bq


http://investorshub.advfn.com/Poly-Shield-Tech-Inc-SHPR-12598/
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Suite 600, 1201 Orange Street, Wilmington, DE,
http://searchwww.sec.gov/EDGARFSClient/jsp/EDGAR_MainAccess.jsp?search_text=%20%22Suite%20600%2C%201201%20Orange%20Street%2C%20Wilmington%2C%20DE%22&isAdv=false

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Looking forward to one of your most thorough reports!