InvestorsHub Logo
Followers 24
Posts 1640
Boards Moderated 0
Alias Born 08/08/2012

Re: ADVFN_franknstein post# 99643

Tuesday, 10/15/2013 3:08:09 PM

Tuesday, October 15, 2013 3:08:09 PM

Post# of 158400
I don't understand how you say he bought them at 0.0002 ie 30% discount.... I'm not getting the math... an you help me out here?

$120,000 / 60,000,000 shares is 0.002 The price was between 0.0023 - 0.0032 for that day

I am new to thins, so could you explain it to me? Or am I totally missing something here

THANKS!



Item 8.01 Other Events
On September10, 2013 Bio-Matrix Scientific Group, Inc. (the “Company’) issued to David R. Koos, its Chief Executive Officer, 60,000,000
of the Company’s common shares (“Shares”) in satisfaction of $120,000 owed by the Company to David Koos resulting from loans made by
David R. Koos to the Company.
The Shares are “restricted securities” as that term is defined in Rule 144(a) (3), promulgated under the Securities Act of 1933 (the “Act”). The
Shares have not been registered under the Act or the securities laws of any State and may not be offered, sold, assigned, pledged, transferred or
otherwise disposed of in the absence of an effective registration statement under the Act and applicable state securities laws or pursuant to an
available exemption from registration under the Act or such laws
As of September 11, 2013 Bio-Matrix Scientific Group, Inc. has 2,263,813,321 of its common stock issued and outstanding.


JustStartingOut

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.