Somebody help me out here. How many shares of this stock does David have?
The Q from Sept 30 shows 36,209,224 shares issued to David since January of this year. I don't see SEC filings showing any sells from him. He may have sold none. He is an employee I guess not a director.....maybe he won't have to file a form for a sell. Those amount of shares alone are 6.8% of the company just from January of this year.
Somebody help me clarify.....just want to know....
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SEPTEMBER 30, 2013
QUARTERLY INFORMATION AND DISCLOSURE STATEMENT
On January 14, 2013 the Company entered into a buyback agreement, reducing the overall outstanding shares by
75,810,552, cancelling shares previously issued to Global Media Enterprises, in exchange for an ongoing royalty
respective to certain media properties provided by Global Media to NanoTech and redistributing them as follows:
issued David Foley, employee, 6,192,637 shares of restricted common stock containing the restrictive legend, as
part of his employment agreement
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On April 12, 2013, the Company issued David Foley, employee, 20,000,000 shares of restricted common stock containing
the restrictive legend, at $0.001 per share, to eliminate compensation past due under the terms of an employment
agreement from 2007, and reducing the company’s debt by the same amount covered in a promissory note dated
December 31, 2011.
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On July 23, 2013 the Company issued 12,500,000 shares of restricted common stock containing the restrictive legends to
meet a variety of contractual obligations, which were distributed as follows:
Issued David Foley, employee, 606,589 shares to eliminate compensation past due under the terms of an
employment agreement from 2007, and reducing the company’s debt by the same amount covered in a
promissory note.
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On September 27, 2013, the Company issued 40,000,000 shares of restricted common stock containing the restrictive
legends to meet a variety of contractual obligations, which were distributed as follows:
Issued David Foley, employee, 1,950,000 shares to eliminate compensation past due under the terms of an
employment compensation and expesne agreement from 2007, and reducing the company’s debt by the same
amount covered in a promissory note.
Issued David Foley, employee, 1,000,000 shares to eliminate compensation past due under the terms of an
employment compensation and expense agreement from 2007, and reducing the company’s debt by the same
amount covered in a promissory note.
Issued David Foley, employee, 489,998 shares to eliminate compensation past due under the terms of an
employment agreement from 2007, and reducing the company’s debt by the same amount covered in a
promissory note.
Issued David Foley, employee, 2,350,000 shares to eliminate compensation past due under the terms of an
employment agreement from 2007, and reducing the company’s debt by the same amount covered in a
promissory note as well as eliminating $75,000 of short term liabilities owed by the company to third parties.
Issued David Foley, employee, 2,000,000 shares to eliminate compensation past due under the terms of an
employment agreement from 2007, and reducing the company’s debt by the same amount covered in a
promissory note as well as eliminating $50,000 of short term liabilities owed by the company to third parties.
Issued David Foley, employee, 1,620,000 shares to eliminate compensation past due under the terms of an
employment agreement from 2007, and reducing the company’s debt by the same amount covered in a
promissory note.
