All I see on the SEC site is a filing for sale of securities that was submitted on Nov13th. Regulation D. Does anyone know anything about that? I can't get into the main file.
Dez told everyone in the CC that 200 million shares were returned to the treasury. He said they planned to sell those shares to raise funds for ECFL.
A REGDEX is the filing for a private placement. ECFL filed this so they could sell the 200 million shares via a private placement. Based on current share price they could raise $400,000 less commisions for ECFL.
Where did everyone think the money to open more stores would come from? Jason said he and his brother spent $600,000 of their own money opening the first store and doing market research.