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Wednesday, September 18, 2013 11:13:08 PM
Majority Buy-Out / Buy-In?! What just happened here? ..where are all the DD Experts when you need them? Lol
2. Sales of Equity Securities.
Requirement: If the issuer sells equity securities in a transaction that has not been
previously described in any prior disclosure statement, the issuer shall provide
the information required by Item XVII of Section One of these Guidelines with
respect to any such securities offering(s).
a. On September 5, 2013 the Board of Directors unanimously voted to
purchase 80% of investorLYNXTM owned by RYS & Co. and the company
paid for the purchase by issuing for 400 shares of Series B-1 Preferred
Stock, which is non-voting but is convertible into 80,000 shares of
Common Stock ($5.00 per Share).
b. The company issued Paul Hogan 294,451 of 2-year restricted common
shares as part of the transfer of the Tiger Team Technology asset transfer.
These shares were issued on September 5, 2013.
c. RYS & Co. and associates have acquired 612,485 of 2-year restricted common stock on September 5, 2013.
d. The total issued and outstanding shares as of this date are 1,058,670.
3. Changes in Control of Issuer.
Requirement: If, to the knowledge of the issuer's board of directors, a committee
of the board of directors or authorized officer or officers of the issuer, a change in
control of the issuer has occurred.
As a result of the reverse, the transfer of the Tiger Team Technology; the
purchase of securities; and the purchase of investorLYNXTM from RYS & Co.,
control of the company has changed as follows:
a. RYS & Co. has 57.9%
b. Paul Hogan has 29.5%
c. Balance is in the float 12.6%
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