According to the LATEST 2/13/2017 10-q quarterly report:
" The Company’s Certificate of Incorporation was amended on July 20, 2016 to increase the number of authorized shares of common stock from 13,333,333 shares to two hundred fifty million (250,000,000) shares. The Company’s Certificate of Incorporation was amended on December 20, 2016 to increase the number of authorized shares of common stock from two hundred fifty million (250,000,000) shares to one billion (1,000,000,000) shares. The Company’s Certificate of Incorporation was amended on January 27, 2017 to increase the number of authorized shares of common stock from one billion (1,000,000,000) shares to five billion (5,000,000,000) shares.
On August 15, 2016 the Company issued 20,000,000 shares of its common stock to its CEO, Kevin Yates, as compensation. The shares were valued at $0.03 per share, the market price of the common stock on the date of issuance for a total value of $600,000. This expense is included in general and administrative expenses and was recognized on the date the stock was issued. See Note 8 – Related Party Transactions.
On August 15, 2016 the Company issued 5,000,000 shares of its common stock to its newly appointed CFO, Mark Lucky, as compensation. The shares were valued at $0.03 per share, the market price of the common stock on the date of issuance for a total value of $150,000. This expense is included in general and administrative expenses and was recognized on the date the stock was issued. See Note 8 – Related Party Transactions.
On August 15, 2016 the Company issued 2,000,000 shares of it common stock to its former CEO, Kathleen Roberton, pursuant to a settlement agreement, for unpaid wages. Per agreement, the shares were valued at $0.04 per share for a total value of $80,000. See Note 8 – Related party transactions.
On December 12, 2016 the Company issued 10,000,000 shares of its common stock to its CEO, Kevin Yates, as compensation. The shares were valued at $0.002 per share, the market price of the common stock on the date of issuance for a total value of $20,000. This expense is included in general and administrative expenses and was recognized on the date the stock was issued. See Note 8 – Related party transactions.
On December 12, 2016 the Company issued 5,000,000 shares of its common stock to its CFO, Mark Lucky, as compensation. The shares were valued at $0.002 per share, the market price of the common stock on the date of issuance for a total value of $10,000. This expense is included in general and administrative expenses and was recognized on the date the stock was issued. See Note 8 – Related party transactions.
On December 12, 2016 the Company issued 10,000,000 shares of its common stock to a company controlled by its CEO, Kevin Yates, as compensation. The shares were valued at $0.002 per share, the market price of the common stock on the date of issuance for a total value of $20,000. This expense is included in general and administrative expenses and was recognized on the date the stock was issued. See Note 8 – Related party transactions."
So where is your proof that Yates gave himself 5 billion shares!!
Your opinion is NOT PROOF, PERIOD!!
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