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zdog

05/17/15 11:51 AM

#6304 RE: nst1234 #6303

Investing 101 right.

This is from the most recent 10Q, for the quarter ending March 31, 2015. These are private placements which were added during that period.

This is in addition to issuing stock for services.

BOTH OF THESE ARE WHAT IS CALLED DILUTION.

(viii)
The private placement amounting to $35,000 for the issuance of 100,000 shares consisting of common stock at $0.35 per share.


(ix)
The private placement amounting to $239,000 for the issuance of 796,667 shares consisting of common stock at $0.30 per share.


(x)
The private placement amounting to $1,002,190 for the issuance of 3,340,633 shares consisting of common stock at $0.30 per share.


(xi)
The private placement amounting to $70,000 for the issuance of 230,000 shares consisting of common stock at $0.30 per share.

If you do not know the definition of dilution, I will post that for you too. They must not teach that where you took investing 101.

Also, please note the lowest closing price during the quarter for the stock was 42 cents. Well above the 30-35 cents this stock was sold for.
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Sputnik

05/17/15 1:33 PM

#6305 RE: nst1234 #6303

You should give the latest ITKG 10Q a thorough perusal!