The issuance represents compensation for providing or obtaining web services for the benefit of the Company. The transaction was handled as a private sale exempt from registration pursuant to Rule 506 of Regulation D under the Securities Act of 1933. On November 19, 2008, the Company authorized the delivery to William Nicolich of Ten Thousand (10,000) shares of the Corporation's series C Preferred Stock. nxhd
On April 15, 2008 the board of directors authorized the issuance of 10,500 shares of Series C Preferred stock to Jared Gold for services. The transaction was handled as a private sale exempt from registration pursuant to Rule 506 of Regulation D under the Securities Act of 1933 nxhd