Let's figure this one out together for RXSF shareholders.
On May 13, 2015, we entered into an agreement with Gold Coast Capital LLC to convert a previous payable due to Axius of $35,000 into a convertible promissory note in the amount of $35,000. The note is convertible by Gold Coast Capital LLC into shares of the Company’s common stock at any time on or after the Issuance Date. The conversion price for each share is equal to 65% multiplied by the lowest trading price of the Common Stock on the OTC Market for the 20 prior trading days. Gold Coast Capital converted their note in two tranches. On May 20, 2015, they converted $22,396 of the note into 5,817,914 shares of our common stock. On May 29, 2015 they converted $12,602 of the note into 3,600,571 shares of our common stock.
RXSF Mrs. Yarde and Mr. Basil
Axius Mr. Basil and Mrs.Yarde
One way to pay yourselves off and pass it off to RXSF.
A+ for creativity. Probably why they had to do this...
tem 5.03 Amendments to Articles of Incorporation or Bylaws
On July 7, 2015 our board of directors and a majority of our shareholders approved an amendment to our Articles of Incorporation for the purpose of increasing our total authorized common shares from 250,000,000 to 500,000,000 shares, par value $0.001.
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