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mycherio

09/15/17 9:58 AM

#36796 RE: cookeMonster #36795

wonderful, that's how it should work,glad to
be enlightened
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tothe

09/15/17 1:12 PM

#36819 RE: cookeMonster #36795

The 8K's last month outlined A/S reduction in the business plan. So everyone here knew reduction was in the cards up to or at symbol change time (October 3).
The 20 days of "D" symbol gave them the busy time to negotiate with all these note holders and who are eligible for employee stock options.



The following table summarizes all convertible notes outstanding as of June 30, 2017:

Holder Issue Date Due Date Principal
--------------------------------------------------------
Noteholder 1 3/2/2017 3/2/2018 $125,000
Noteholder 1 6/5/2017 3/2/2018 $125,000
Noteholder 3 9/19/2016 5/19/2017 $51,650
Noteholder 4 3/2/2017 3/2/2018 $125,000
Noteholder 4 6/5/2017 3/2/2018 $125,000

Subsequent events after June 30, 2017

* Convertible notes payable
Noteholder 1 7/14/2017 7/14/2018 $275,600
Noteholder 2 7/14/2017 7/14/2018 $275,600
Noteholder 3 8/14/2017 8/14/2018 $275,600
Noteholder 4 8/14/2017 8/14/2018 $275,600
*Common Stock Issuances
Various dates July 2017 6,950,000 total shares
July 18, 2017 6,666,697 and 1,528,803 for convertible note payable.
August 3, 2017 19,230,769 and 248,683 for convertible note payable.
*Stock Option Issuances
July and August 2017 38,000,000 options vesting 25% every six months to fully vested after two years.

https://www.sec.gov/Archives/edgar/data/715788/000147793217004114/sgby_10q.htm