This S1 filing on the first page describes what these shares are for. They are to pay EAGLE for the first tranche financing they took, with no other tranche financing taken since the first, for the $255,000.00 plus interest they took which is due Feb 12, 2020 at a negotiated price of .0349. That means EAGLE gets their shares at the base price of .0349 per share. If they sell those shares for less they lose money. Financiers are not in the business to lose money. Why did EAGLE agree on .0349? What do they know we don't? Does it have anything to do with something else going on behind the scenes? Are they going to sell the shares or hang onto them because that puts them at 20.1% ownership of the common stock as the S1 states meaning they now have to file SEC documents on every sale. This first filing will be their ownership filing to show they got the shares. After that they have to file each time they sell until they get below the 5% threshold re SEC rules.
Ever ask yourself why is this company spending so much money to be up to date with the SEC filings if this is suppose to be a scam? Maybe a buyout? Who knows until someone kicks Aitan in the balls and he comes forward to let the shareholders know what is going on.
JMHO
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