Lmfao no they didnt. No 8k was filed after the 24th 8k stating they paid the preferred shares to acquire it. SEC dictates that an 8K MUST be filed for material events which the transfer or payment of preferred is definitely a material event.
So either CONway did pay them and failed to file the 8k per SEC regulations and again doesnt know what he is doing or he didnt pay them at all.
A PR never ever replaces the requirements of an 8K for SEC reporting companies.
Just like the $5M financing that was EXECUTED but no 8k ever filed.
Form 8-K is used to notify investors of a current event.[2] These types of events include signing, amending or terminating material definitive agreements not made in the ordinary course of business, bankruptcies or receiverships, mine shutdowns or violations of mine health and safety laws, consummation of a material asset acquisition or sale, results of operations and financial condition, creating certain financial obligations, such as incurrence of material debt, triggering events that accelerate material obligations (such as defaults on a loan), costs associated with exit or disposal plans (layoffs, shutting down a plant, or material change in services or outlets), material impairments, delisting from a securities exchange or failing to satisfy listing requirements, unregistered equity sales (private placements), modifications to shareholder rights, change in accountants, determinations that previously issued financial statements cannot be relied upon, change in control, senior officer appointments and departures, director elections and departures, amendments to certificate/articles of incorporation or bylaws, changes in fiscal year, trading suspension under employee benefit plans, amendments or waivers of code of ethics, changes in shell company status, results of shareholder votes, disclosures applicable to issuers of asset-backed securities, disclosures necessary to comply with Regulation FD, other material events, and certain financial statements and other exhibits.
Investors should always read any 8-K filings that are made by companies in which they are invested. These reports are often material to the company, and frequently contain information that will affect the share price.
Quote:
"The Purchase Price for the Seller’ Stock. shall be of Two Hundred Fifty Thousand ($250,000) Dollars of Preferred Series “B” to be paid on or before August 31, 2018. Upon receipt of said payment buyer will receive Fifty-One (51) UNITS of Seller Stock,"
Never happened as no 8K was filed stating payment of the shares was made which is required by the SEC since it would be a material event.
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