Grace is right! The 20 millions prefered series A was not issued!
On July 19, 2018, Selkirk Global Holdings, LLC (SGH), an entity controlled by Paul Strickland, a former Director and officers of the Company, signed a management agreement with the Company covering the period beginning November 6, 2017 to the date of his resignation, for certain cash and stock compensation. Pursuant to that agreement, $240,000 in cash fees are to be paid annually, and 9.9% of issued and outstanding shares of the Company issued to (SGH). On the date of this Supplemental Information Disclosure, neither cash has been paid, nor shares issued as part of that management agreement.
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