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Sunday, October 06, 2013 4:38:29 PM
The Chief Executive Officer owns 1 share of the Company’s Preferred C Stock, which is convertible,
at the holder’s sole option, into 51% of the outstanding Company Common Stock in the event of
default on a Company Note Payable.
In June 2012, the Company issued 12,500 shares of restricted Common Stock to members of its board
of directors, and in March 2013, the Company issued 10,000,000 shares of restricted Common Stock to
the Chief Executive Officer.
No body else is on record as a recipient of any notes unless the company snick a few shares to a third party to pay the promominions.
http://www.otcmarkets.com/financialReportViewer?symbol=LVGI&id=111533
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