Digital Locations Inc (DLOC)

[Ecomike]

I think the answer to your question, "how does this story end"? may be playing out:

http://xml.10kwizard.com/filing_raw.php?repo=tenk&ipage=8914444

They would have been better off to just line up the stock holders and set them on fire:(

On May 4, 2013, Byron Elton submitted his resignation as President and CEO of Carbon Sciences, Inc. (the “Company”) effective May 10, 2013. Mr. Elton will remain as Chairman of the Board of Directors of the Company.

Mr. William Beifuss, age 68, was appointed to serve as President and CEO and a member of the Board of Directors of the Company effective May 10, 2013. Mr. Beifuss is a business executive and has served since February 2006 as the Chief Executive Officer of Cumorah Capital, Inc., a private investment company. Mr. Beifuss served as Chairman of the Board of Warp 9, Inc. from December 2008 to January 2013. From June 2010 to April 2012, Mr. Beifuss was the President of Warp 9. He served as the interim Chief Financial Officer of Warp 9 from June 2011 to April 2012. From April 1992 to January 2006, Mr. Beifuss was Chief Executive Officer of Coeur D'Alene French Baking Company. He served as a unit committee chairman of Boy Scouts of America.

The Company’s board of directors has approved the payment of a monthly compensation of $20,000 which shall be paid in the form of the issuance of a convertible promissory note which shall have a term of two years and a conversion price which shall be the closing price of the Company’s common stock on the date a notice of conversion is submitted to the Company.

Also, on May 4, 2013, Lee Daniels resigned as Director of the Company, effective May 10, 2013.

http://www.warp9inc.com/investors/

That is some massive toxic convertible debt right there!!!!

.0001 coming fast!!