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ANCV - .05 x .51. From today's 8k

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e-ore Member Level  Wednesday, 10/23/13 02:36:45 PM
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Post # of 8407 
ANCV - .05 x .51. From today's 8k

"Item 3.02 Unregistered Sales of Equity Securities.

On October 18, 2013, we completed a shares-for-debt private placement with 10 individuals involving the sale of an aggregate of 80,634,500 shares of our common stock at a subscription price of $0.002 per share, in settlement of an aggregate of $161,269 owed by us to the shares-for-debt purchasers.

With respect to such issuance of shares of our common stock in connection with the private placement described above, we relied on the exemption from registration under the United States Securities Act of 1933, as amended (the "Securities Act"), provided by Regulation S, based on representations and warranties provided by the purchasers of the shares in their respective subscription agreements entered into between each purchaser and us.
"

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