InvestorsHub Logo

mgland

01/12/19 7:21 PM

#297 RE: mgland #296

555555555555555555555555555555555555555555555555555555555555555
Our StateSourced
administration system
is designed to be a robust, instrumental, closed loop
merchant processing system. In response to the industry’s overwhelming need to have a private and encrypted digital
solution to serve the rapidly growing legal marijuana industry,
StateSourced brings to market the first and only first tier merchant processing operation of its kind; a
comprehensive structure which tracks sales and tax collection, and empowers businesses with an outstanding state of the art client management system. We expect our first sales will be achieved
in the next three months. As of the date of this
report.


---------------
Company also works with public officials and government agencies
to expand the acceptance of medicinal cannabis, and the adoption of a legal framework where maximum market expansion
is possible. The Company believes that it is also positioned to lead the entire market in payment and transaction services as a result of its fast moving efforts to change the legal and financial landscape of the medicinal cannabis
marketplace

-------------------------
page 18
The Company has filed an Offering Circular to register these shares as well as an additional 30 million shares to be offered at
a price of $.02 per share. Currently, with 490 million authorized
shares and slightly under 460 million outstanding shares, [b]we do not have enough authorized common stock in order to legally issue all of these shares, and we intend to amend our articles of incorporation in the near future to increase our authorized common shares
-------------------
insider
Percentage
Name of
Stockholder
Number of
Shares Owned
of Outstanding
Common Stock
Jeremy Roberts (1)
200,000,000 44%

Sean Hullinger
7,000,000 1.5%
Tyler Young(1)
5,000,000 1%

All executive officers and directors as a group
212 million 46.76%