So this stock deal filed 3-31-2016 was for back pay of 52,500 dollars to the imprisoned principal convertible with .001 par value stock, which, didn't state how many or what kind or if restricted in the filing.
If he were able to sell all those shares, would they actually be worth over $200,000 @ .007 if my math that there's 52 million shares in this deal?
That is criminally obscene.
SUPPLEMENTAL FILING DISCLOSURE
DECEMBER 31, 2013
QUARTERLY INFORMATION AND DISCLOSURE STATEMENT
The information contained in Item 4 - Issuance History is supplemented as follows:
"On December 31, 2013, NanoTech Entertainment, Inc. entered into a zero percent (0%)
Convertible Promissory Note, convertible at Par Value of $0.001, with David R. Foley for
Fifty-Two Thousand Five-Hundred ($52,500) dollars. Execution and payment of this note
will eliminate the accrued salary held by Foley for unpaid wages for the period ending
December 31, 2013, due under employment contract with Foley."
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