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jvgcredit

02/21/19 6:43 AM

#80654 RE: Sturgis #80652

You’re right they didn’t purchase any shares for .0005 they were given 1 billion shares in exchange for forgiveness of $50,000 of a promissory note (.00005 per share). The $10,000,000 that you are referring to is the credit line that was canceled in September. This is all in the filings. They are still entitled to another 1.5 billion shares under the $125k note.