InvestorsHub Logo
icon url

DJ Ponder

08/27/15 5:16 PM

#15132 RE: rjk62 #15125

The facts I provided are clearly stated and defined. There is no question as to accuracy.

The simple fact is the company filing PROVES dilution.

Here is the definition of dilution in case anyone is confused:

A reduction in the ownership percentage of a share of stock caused by the issuance of new stock.

On March 1, 2014 the Company issued 25,000,000 common shares at $0.0001 per share for gross proceeds of $2,500.



On October 31, 2014, The Company issued 1,000,000 shares of common stock in settlement of the convertible promissory note with the face value of $100,000.



On December 30, 2014, The Company issued 1,500,000 shares of commons stock for $150 cash.



On January 20, 2015, The Company issued 250,000 shares of common stock for $25,000 cash.



On April 29, 2015 The Company issued 3,842,200 shares of common stock and reduced its convertible notes payable by $384,222.