Taking a look back now that the information is available it is easy to see why I lost so much money with this scam. Dog,Maria,Troop,Slojab you where right all along wish I would have listened before it dropped to .06 wont happen again. lots of consulting folks got rich and probably some savvy investors.I love the expensed over the terms of the consulting agreement lmao. So much for the best intrest of the investors.
Common stock issued for services to directors and an independent consultants.
The Company issued an aggregate 4.6 million restricted shares of common stock to four board members and an
independent consultant during 2010. The fair value of equity instruments exchanged for services rendered was taken at
the date of issuance. Shares were unvested and issued upon the signing of the individual agreement and were therefore
expensed in the period incurred. The shares were valued at $278,000 based on the date of issue and recorded as
operating, sales and administrative expenses in the consolidated statement of operations for the year ended December
31, 2010.
On January 5, 2012, the Company issued 200,000 shares of restricted common stock valued at $28,000 to two
consultants for management and marketing services. The stock is being expensed over the terms of the consulting
agreements.
On January 12, 2012, the Company issued 500,000 shares of restricted common stock valued at $65,000 to a consultant
for management and marketing services. The stock is being expensed over the terms of the consulting agreements.
On January 24, 2012, the Company issued 200,000 shares of restricted common stock valued at $28,000 to a consultant
for management and marketing services. The stock is being expensed over the terms of the consulting agreements.
On January 26, 2012, the Company issued 333,333 shares of restricted common stock valued at $30,000 to a consultant
for financing services. The stock is being expensed over the terms of the consulting agreements.
On January 30, 2012, the Company issued 650,000 shares of restricted common stock valued at $28,000 to a consultant
for management and marketing services. The stock is being expensed over the terms of the consulting agreements.
On February 12, 2012, the Company issued 50,000 shares of restricted common stock valued at $7,000 to a consultant
for management and marketing services. The stock is being expensed over the terms of the consulting agreements.
On February 12, 2012, the Company issued 766,900 shares of restricted common stock valued at $37,866 to two Board
Members as Board Compensation. The stock is being expensed as incurred.
On March 15, 2012, the Company issued 200,000 shares of restricted common stock valued at $38,000 to a consultant
for management and marketing services. The stock is being expensed over the terms of the consulting agreements.
On April 30, 2012, the Company issued 1,886,792 shares of restricted common stock valued at $207,547 to a company
for financing fees in connection with a financing arrangement. The stock is being expensed over the terms of the
agreement.
On September 24, 2012, the Company issued 643,100 shares of restricted restricted common stock valued at $50,601 to
three Board Members as Board Compensation. The stock is being expensed as incurred.
On September 24, 2012, the Company issued 250,000 shares of restricted restricted common stock valued at $35,000 to
an employee as compensation. The stock is being expensed over the term of the employment agreement.
On September 24, 2012, the Company issued 675,000 shares of restricted common stock valued at $48,500 to
consultants for management and marketing services. The stock is being expensed over the terms of the consulting
agreements.
On October 10, 2012, the Company issued 1,000,000 shares of restricted common stock at $0.021 per share for the
reduction of debt.
On October 25, 2012, the Company issued 38,948,345 shares of restricted common stock valued at $1,975,695 for the
acquisition of Core Wafer Systems, Inc., a wholly owned subsidiary.
On October 26, 2012, the Company issued 1,444,444 shares of restricted common stock valued at $250,000 to a
company for financing fees in connection with a financing arrangement. The stock is being expensed over the terms of
the agreement.
On November 27, 2012, the Company issued 200,000 shares of restricted common stock valued at $6,000 to a
consultant for management and marketing services. The stock is being expensed over the term of the consulting
agreement.
On December 31, 2012, the Company issued 666,667 shares of restricted common stock valued at $20,000 to a Board
Member as Board Compensation. The stock is being expensed as incurred.
On December 31, 2012, the Company issued 200,000 shares of
AI
