Replies to post #5204 on GeneSYS ID Inc fka GNID

[Penny Stocks 2.0]

$216,500 in CONVERTIBLE DEBT REMOVED and Absorbed by Lorraine >>

SECTION 3 – SECURITIES AND TRADING MARKETS

Item 3.02 Unregistered Sales of Equity Securities

The information set forth in Items 1.01 and 3.03 is incorporated into this Item 3.02 by reference.

On September 21, 2015, Yarde converted $87,500 in unpaid and accrued compensation into 53,030,303 shares of the Company's common stock.

On September 21, 2015, Axius Consulting Group sold a total of $129,000 of its aged payables to certain existing shareholders who then converted 100% of this debt into 80,549,242 shares of the Company’s common stock.

ANY REMAINING CONVERTIBLE DEBT HAS SINCE BEEN PAID FOR IN FULL BY THE $1,000,000 EQUITY PURCHASE WITH KODIAK, NOW RXSF HAS NO CONVERSION TO DISCUSS AT ALL.

[Skiluc]

Worth every penny to land CVS, McKesson, Cardinal Health! Etc! Not to mention the obvious Government contacts! Shoot I'd pay someone that much to get my company into those circuits!

[Skiluc]

Thanks for catching this Yankee! Nice find:

We agreed to pay Axius a retainer of $20,000 per month for a 12 month consecutive period. We renewed the yearlong agreement on July 1, 2011 and again on July 1, 2012. The consulting agreement was not renewed on July 1, 2013.

[StockMedic1]

And the point here is that the company and its founders have NOTHING to hide. They fully disclosed this information because they do what is required. Could only ask this of all OTC companies. Thank you Dave for finding this and pointing this out. It definitely reveals to shareholders that this team is honest and above board. They told you exactly what they did so you can make an informed decision on whether to invest in the company or not.

I still believe though people willfully ignore all of the progress of this team and just focus on negative innuendo. If you think they are bad people just say it. If you disagree with their decisions, say it. Because what you are doing certainly implies that. From what I see, they have been transparent and up front - allowing people like you to pick and choose certain facts to hang their hats on in an attempt to discredit them - and lets face it - thats ALL your posts are designed to do.