InvestorsHub Logo
Followers 49
Posts 3257
Boards Moderated 0
Alias Born 10/28/2012

Re: 13strats post# 66260

Tuesday, 04/01/2014 9:24:32 PM

Tuesday, April 01, 2014 9:24:32 PM

Post# of 79678
A couple of reasons why I sold from to 10-K are below. Typenex can start selling their shares for a 200% profit. Plus the preferred share conversion.


In March 2014, the Company issued 843,654 shares of common stock to Typenex upon the conversion of $116,611 of the Company note and accrued and unpaid interest. The shares were issued at approximately $0.1382 per share.

and

On March 27, 2014, the Company issued 4,312,420 shares of common stock upon the conversion of 150,000 shares of Class B Preferred Stock.