InvestorsHub Logo

Burn Notice88

03/02/15 10:00 PM

#80710 RE: Steve White #80709

Agree, RightSmile is a POS. But we're BudGenius and have been for some time now! ;-)













$BUDG

Toxic Avenger

03/03/15 6:27 AM

#80711 RE: Steve White #80709

Let's not forget the preferred, which is convertible into another 35 billion common shares.
You don't suppose the buyback is to reduce the O/S so some of those preferreds can be converted and dumped, do you?

(a) On or about November 25, 2013, the company issued 24,665,700,000 restricted shares of common stock, par value $.00001, to Salvatore Tuzzolino as consideration for past and future services rendered to the company and cash receivables;
(b) On or about November 25, 2013, the company issued Kelso Office Services, LLC, an Iowa limited liability company, 1,499,000,000 restricted shares of common stock, par value $.00001, pursuant to Kelso's conversion of 149,000 shares of the company's Series A Preferred stock, at a conversion rate of 10,000 for 1;
(c) On or about November 25, 2013, the company issued US Coproducts, LLC, an Iowa limited liability company, 1,499,000,000 restricted shares of common stock, par value $.00001, pursuant to Coproduct's conversion of 149,000 shares of the company's Series A Preferred stock, at a conversion rate of 10,000 for 1;
(d) On or about November 25, 2013, the company issued Salvatore Tuzzolino, 2,000,000 shares of common stock, par value $.00001, pursuant to Mr. Tuzzolino's conversion of 2,000 shares of the company's Series A Preferred stock, at a conversion rate of 10,000 for 1; and
(e) On or about December 6, 2013, the company issued 1,990,092,728 restricted shares of common stock, par value $.00001, to Salvatore Tuzzolino as consideration for the forgiveness of certain amounts owed to Mr. Tuzzolino by the company
http://www.otcmarkets.com/financialReportViewer?symbol=RIGH&id=121609