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rarefind

07/19/14 1:09 PM

#25989 RE: MC10459 #25977

Explain how posting the facts that were released by the company is some plot to scare people from buying or selling redg.Its not me who is doing this extreme dilution to share holders its this company.Which i might add has zero chance in hell to actually do anything but sell shares.imo I hope the stocks runs to the moon but posting good cheers and popcorn for all to get hooked and gaffed into a heavy conversion of share times is not me.Good luck, should be plenty of stock for folks to buy. Its funny how folks wonder why there stock can't ever seem to climb back up to where it once was but they fail to see that the amount of stock keeps ballooning up.Maybe all post next from the companys filing when the next big round of convertibles are coming.Again hope it goes to the moon!!


On May 27, 2014, we issued 82,320,000 shares of common stock to WHC Capital LLC to convert $45,276 in partial principal and interest due under the 12% Secured Convertible Debenture filed as Exhibit 4.6 to our Annual Report on Form 10-K filed with the SEC on December 5, 2013. The issuance was made pursuant to a May 23, 2014 notice of conversion.

Subsequent to May 27, 2014, we have issued shares of common stock as follows:

On June 4, 2014, we issued 54,685,981 shares of common stock to LG to convert $32,811.59 in principal and interest due under the 9% Convertible Redeemable Note dated October 2, 2013 (the "2013 LG Note") filed as Exhibit 4.8 to our Annual Report on Form 10-K filed with the SEC on December 5, 2013. The issuance was made pursuant to a May 27, 2014 notice of conversion and fully paid off the 2013 LG Note.

On June 6, 2014, we issued 38,197,717 shares of common stock to Iconic Holdings, LLC to convert $22,918.63 of principal and interest due under the 9.9% Secured Convertible Promissory Note dated April 15, 2013 filed as Exhibit 10.3 to our Current Report on Form 8-K filed with the SEC on September 20, 2013. The issuance was made pursuant to a June 3, 2014 notice of conversion. (Baker Hostetler 144 opinion).

One June 13, 2014, we issued 30,000,000
to JMJ Financial to convert $15,000 of partial principal and interest due under the Promissory Note filed as Exhibit 4.13 to our Amended Annual Report on Form 10-K/A filed with the SEC on February 20, 2014.The issuance was made pursuant to a June 10, 2014 notice of conversion.

One July 10, 2014, we issued 50,000,000
to JMJ Financial to convert $22,500 of partial principal and interest due under the Promissory Note filed as Exhibit 4.13 to our Amended Annual Report on Form 10-K/A filed with the SEC on February 20, 2014. The issuance was made pursuant to a July 8, 2014 notice of conversion.

On July 10, 2014, we issued 86,644,000 shares of common stock to WHC Capital LLC to convert $42,888.78 in principal and interest due under the 12% Secured Convertible Debenture filed as Exhibit 4.6 to our Annual Report on Form 10-K filed with the SEC on December 5, 2013. The issuance was made pursuant to a June 18, 2014 notice of conversion.

On July 11, 2014, we are issuing 11,111,698 shares of common stock to GEL Properties, LLC to convert $12,445.12 in principal and interest due under 6% Convertible Redeemable Secured Notes in the form filed as Exhibit 4.12 to our Annual Report on Form 10-K filed with the SEC on February 20, 2014. The issuance was made pursuant to a July 7, 2014 notice of conversion.

All of the above-described conversions, issuances and exercises were exempt from registration pursuant to Section 4(2) and/or Regulation D of the Securities Act as transactions not involving a public offering. The shares were issued as unrestricted pursuant to Rule 144 since the each of the converting creditors held their convertible securities for more than six months prior to conversion.