Lots of shares issued and coming off restriction after the one-year period ...
From the December 2013 disclosure (most recent one):
4) Issuance History
List of securities offerings and shares issued for services in the past two years.
Securities Offerings in the past two fiscal years:
On June 19, 2012, the Company issued Bruce Schoengood, unrelated and non-affiliated investor, 29,547,945 shares of restricted common stock containing the restrictive legend, at $.001 per share, as part of a conversion of a convertible debenture, reducing the company’s debt by $29,547.95.
On July 9, 2012, the Company issued Randel Reiss, unrelated and non-affiliated investor, 3,589,808 shares of restricted
common stock containing the restrictive legend, at $.001 per share, as part of a conversion of a convertible debenture,
reducing the company’s debt by $3,589.81.
On July 26, 2012, the Company issued Long Side Venture, unrelated and non-affiliated investor, 320,000 shares of restricted common stock containing the restrictive legend, at $.001 per share, as part of a conversion of a convertible debenture, reducing the company’s debt by $2,880.00.
On August 15, 2012 the Company issued Titan Edwards, independent contractor 125,000 shares of restricted common stock containing the restrictive legend, as part of a completed services agreement from 2009.
On January 2, 2013 the Company issued Samuel Shepherd, unrelated and non-affiliated investor, 5,537,430 shares of common stock containing the restrictive legend, at $0.04 per share, as part of a conversion of a convertible debenture, reducing the company’s debt by $5,537.43
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 Worldwide Cargo, independent service provider 1,224,490 shares of restricted common stock containing the restrictive legend, at $0.0024 per share, reducing the company’s debt by $3,000.00.
issued Long Side Venture, unrelated and non-affiliated investor, 26,030,874 shares of restricted common stock containing the restrictive legend, at $.001 per share, as part of a conversion of a convertible debenture, reducing the company’s debt by $154,102.79.
issued R&T Sports Marketing, unrelated and non-affiliated investor, 42,210,703 shares of restricted common stock containing the restrictive legend, at $.001 per share, as part of a conversion of a convertible debenture, reducing the company’s debt by $55,004.32.
issued Galaxy Worldwide, unrelated and non-affiliated investor, 42,796,086 shares of restricted common stock containing the restrictive legend, at $.0004 per share, as part of a conversion of a convertible debenture, reducing the company’s debt by $14,978.63.
issued M Stephen Roberts, independent service provider 780,000 shares of restricted common stock containing the restrictive legend, at $0.001 per share, reducing the company’s debt by $780.00.
issued David Foley, employee, 6,192,637 shares of restricted common stock containing the restrictive legend, as part of his employment agreement issued Vince Cerisano, unrelated and non-affiliated investor, 17,424,658 shares of restricted common stock containing the restrictive legend, at $0.001 per share, as part of a conversion of a convertible debenture, reducing the company’s debt by $17,424.66.
Philip Foley, unrelated and non-affiliated independent contractor, 25,500,000 shares of restricted common stock containing the restrictive legend, at $0.006 per share, to eliminate $153,000 of compensation due under the terms of a services agreement, and reducing the company’s debt by the same amount, and acquiring license rights to proprietary technology and assets.
issued Carl Bellitti, unrelated and non-affiliated independent contractor, 25,000,000 shares of restricted common stock containing the restrictive legend, at $0.006 per share, to eliminate $150,000 of compensation due under the terms of a services agreement, and reducing the company’s debt by the same amount, and acquiring license rights to proprietary technology and assets.
Issued Alan D. Stone, affiliated board member, 3,100,000 shares of restricted common stock containing the restrictive legend, as part of a compensation agreement.
issued David Swanson, employee, 5,000,000 shares of restricted common stock containing the restrictive legend, as part of an employment agreement issued Karen Davis, employee, 5,000,000 shares of restricted common stock containing the restrictive legend, at
as part of an employment agreement.
issued Lance Allison, unrelated and non-affiliated independent contractor, 500,000 shares of restricted common stock containing the restrictive legend, at $0.02 per share, as part of a services agreement.
Issued Jeffrey A. Foley, affiliated CEO & board member, 5,000,000 shares of restricted common stock containing the restrictive legend, as part of an employment agreement.
On February 20, 2013, the Company issued Joan Sherman, unrelated and non-affiliated investor, 2,000,000 shares of restricted common stock containing the restrictive legend, at $.001 per share, as part of a conversion of a convertible debenture, reducing the company’s debt by $2,000.
On February 20, 2013, the Company issued David Foley, employee, 25,000,000 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.
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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