InvestorsHub Logo
Followers 46
Posts 6200
Boards Moderated 0
Alias Born 08/21/2008

Re: mrMando post# 5841

Wednesday, 02/19/2014 10:45:39 PM

Wednesday, February 19, 2014 10:45:39 PM

Post# of 68089
Nice to be an insider to have th MM run up th price to dump shares

FORM 10-Q (Quarterly Report) Filed 10/21/13 for the Period Ending 08/31/13 http://www.otcmarkets.com/edgar/GetFilingPdf?FilingID=9562607

NOTE 6 - SUBSEQUENT EVENTS
On September 27, 2013, we established an advisory board to provide strategic advisory services in connection with our business, marketing and other activities. We appointed three members to our advisory board and agreed to issue each advisory board member 5,000,000 shares of common stock as a stock award ( “ Stock Award ” ) under our 2012 Stock Incentive Plan#2. Each Stock Award was registered pursuant to our Registration Statement on Form S-8 filed on or about August 28, 2012 and will be subject to a six-month lock up from the date of issuance. As of the date of this report, we have issued 5,000,000 shares valued at $200,000 to one of our advisory board members, who is also a brother of our president. We expect to issue 10,000,000 shares to our other advisory board members in the next few weeks upon their return of the requisite documentation. On October 3, 2013, we approved the issuance of 1,000,000 shares of common stock for legal services pursuant to the Plan. On October 9, 2013, we issued 10,000,000 shares of
common stock valued at $400,000 to a consultant in consideration of services previously rendered to us. These shares were (i) issued as a Stock Award under our 2012 Stock Incentive Plan #2; (ii) registered pursuant to our Registration Statement on Form S-8 filed on or about August 28, 2012 and (iii) subject to a six-month lock up from the date of issuance.

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.