At the very bottom of that very long list of conversions and issuance of millions of shares of stock, was the issuance of about 50 MIL shares in 2016 and 2017. I'll re-post here. These are probably the shares being dumped by insiders during these Zenapay promotion campaigns.
On June 2, 2016, the Company issued 30,000,000 shares of Class A Stock pursuant to the exchange agreement with our CEO in exchange for 10,000,000 shares of Preferred C Stock. As the stock was converted within the terms of the agreement, no gain or loss was recognized as a result of the exchange. On June 2, 2016, the Company issued 2,550,000 shares of Class A Stock pursuant to the exchange agreement with Star Financial in exchange for 850,000 shares of Preferred C Stock. As the stock was converted within the terms of the agreement, no gain or loss was recognized as a result of the exchange. On June 3, 2016, the Company issued 3,300,000 shares of Class A Stock pursuant to the exchange agreement with GG Mars in exchange for 1,100,000 shares of Preferred C Stock. As the stock was converted within the terms of the agreement, no gain or loss was recognized as a result of the exchange. OTC Markets Group Inc. OTC Pink Basic Disclosure Guidelines (v1.1 April 25, 2013) Page 11 of 14 On April 24, 2017, the Company issued 1,900,002 shares of Class A Stock pursuant to the exchange agreement with Star Financial in exchange for 633,334 shares of Preferred C Stock. As the stock was converted within the terms of the agreement, no gain or loss was recognized as a result of the exchange. On April 28, 2017, the Company issued 2,000,001 shares of Class A Stock pursuant to the exchange agreement with GG Mars in exchange for 666,667 shares of Preferred C Stock. As the stock was converted within the terms of the agreement, no gain or loss was recognized as a result of the exchange. On September 29, 2017, the Company issued 3,800,001 shares of Class A Stock pursuant to the exchange agreement with GG Mars in exchange for 1,266,667 shares of Preferred C Stock. As the stock was converted within the terms of the agreement, no gain or loss was recognized as a result of the exchange. On October 3, 2017, the Company issued 3,450,000 shares of Class A Stock pursuant to the exchange agreement with Star Financial in exchange for 1,150,000 shares of Preferred C Stock. As the stock was converted within the terms of the agreement, no gain or loss was recognized as a result of the exchange.
On April 24, 2017, the Company issued 1,900,002 shares of Class A Stock pursuant to the exchange agreement with Star Financial in exchange for 633,334 shares of Preferred C Stock. As the stock was converted within the terms of the agreement, no gain or loss was recognized as a result of the exchange. On April 28, 2017, the Company issued 2,000,001 shares of Class A Stock pursuant to the exchange agreement with GG Mars in exchange for 666,667 shares of Preferred C Stock. As the stock was converted within the terms of the agreement, no gain or loss was recognized as a result of the exchange. On September 29, 2017, the Company issued 3,800,001 shares of Class A Stock pursuant to the exchange agreement with GG Mars in exchange for 1,266,667 shares of Preferred C Stock. As the stock was converted within the terms of the agreement, no gain or loss was recognized as a result of the exchange. On October 3, 2017, the Company issued 3,450,000 shares of Class A Stock pursuant to the exchange agreement with Star Financial in exchange for 1,150,000 shares of Preferred C Stock. As the stock was converted within the terms of the agreement, no gain or loss was recognized as a result of the exchange.