If you haven't noticed, nothing that you ever state ever adds up.
It's a lot of non sense.
Yet the FACTS speak volumes... Wording directly from SEC FILING "On July 14, 2015, the Company entered into a Convertible Debenture with Group 10 Holdings, LLC (“Group 10”) in the principal amount of $96,000 with a maturity date of July 14, 2016 (the “Group 10 Note”). The Company received gross proceeds of $80,000 under the Group Note. The proceeds from the Group 10 Note were used for the payment under the Final Settlement Agreement. The Company granted Group 10 15,000,000 commitment shares of common stock in consideration of the Group 10 Note."
THE OTHER filing the very same day... http://www.sec.gov/Archives/edgar/data/1142790/000149315215003014/form8-k.htm "Item 5.02: Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers Item 9.01: Financial Statements and Exhibits"
WHERE IS THE "Item 1.01: Entry into a Material Definitive Agreement Item 3.02: Unregistered Sales of Equity Securities" ?????????????????????????????????????????????????????????????????
NOT IN THE 8K! The ONLY WAY shareholders knew about that, is IF they read through the 14A, or read this board... cuz I DID read the whole thing...lol...
After MONTHS of refusing to say where the Group 10 money really went, The SAINTED Seth Shaw Finally CLAIMS it was for
The Company was required to raise $80,000 from Group 10 in mid July 2015 because it cost about $25,000 in legal and Broadridge costs to compete the Proxy and the previous CEO took about $50,000 of the Company's cash for "severance" when she left the Company on July 9, 2015.
A TOTAL COUNTERDICTION TO WHAT THE FILING SAYS. But I'm the one???