Net Loss. For the quarter ended March 31, 2017 amounted to $ 498,833
SUMMARY COMPENSATION TABLE
Cameron Cox, Chief Executive Officer $310,000
Sam Talari, Chief Accounting Officer $324,400
SEC Transactions Last 2 Years Trans Date Filer Ownership Type Price Shares Jan 17, 2017 TALARI SAM Director indirect Sell 0.012 1,788,189 Jan 10, 2017 COX CAMERON Officer direct Sell 0.012 1,057,000 Oct 17, 2016 FUTURELAND CORP. Officer direct Sell 0.0163 943,000 Oct 14, 2016 TALARI SAM Director indirect Sell 0.018 1,250,000
NOTE 6: CONVERTIBLE DEBENTURES AND NOTES (continued)
On January 07, 2016, the Company registered 6,000,000 shares of common stock under form S8 with SEC for employee and consultant compensation.
On April 15, 2016 the Company issued a debenture for $80,750 to Auctus for cash advances during April 2016. The debenture accrues interest at 10% per annum and will convert into the company's common stock at 45% of the lowest closing bid price 20 days before the conversion date. The Holder is restricted from any conversions that would result in the Holder owning over 9.9% of the outstanding common shares of the Company after the conversion.
On June 17, 2016, the Company issued a debenture for $92,000 to EMA for cash advances during June 2016. The debenture accrues interest at 10% per annum and will convert into the company's common stock at 50% of the lowest closing bid price 20 days before the conversion date. The Holder is restricted from any conversions that would result in the Holder owning over 9.9% of the outstanding common shares of the Company after the conversion.
On July 8, 2016, the Company issued a debenture for $120,000 EMA for a cash advance during July 2016. The debenture accrues interest at 10% per annum and will convert into the company's common stock at 50% of the lowest closing bid price 20 days before the conversion date. The Holder is restricted from any conversions that would result in the Holder owning over 9.9% of the outstanding common shares of the Company after the conversion.
On December 14, 2016, the Company issued a debenture for $87,500 to EMA. The debenture accrues interest at 8% per annum and will convert into the company's common stock at 50% of the lowest closing bid price 20 days before the conversion date. The Holder is restricted from any conversions that would result in the Holder owning over 9.9% of the outstanding common shares of the Company after the conversion.
On December 30, 2016, the Company issued a debenture for $85,000 to Auctus for a cash advances during December 2016. The debenture accrues interest at 10% per annum and will convert into the company's common stock at 50% of the lowest closing bid price 20 days before the conversion date. The Holder is restricted from any conversions that would result in the Holder owning over 9.9% of the outstanding common shares of the Company after the conversion.
On February 16, 2017, the Company issued stock to the principals and affiliated parties of GreenLeaf Holding, LLC to bring in capital to fund various ventures within the company.
On March 20, 2017, the Company issued a debenture for $180,000 to EMA. The debenture accrues interest at 8% per annum and will convert into the company's common stock at 50% of the lowest closing bid price 18 days before the conversion date. The Holder is restricted from any conversions that would result in the Holder owning over 9.9% of the outstanding common shares of the Company after the conversion.
On March 22, 2017, the Company issued a debenture for $180,000 to Auctus Fund. The debenture accrues interest at 8% per annum and will convert into the company's common stock at 50% of the lowest closing bid price 18 days before the conversion date. The Holder is restricted from any conversions that would result in the Holder owning over 9.9% of the outstanding common shares of the Company after the conversion.