Replies to post #83584 on Aquagold International Inc (AQUI)

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13. Offering and Sales Amounts

Total Offering Amount $1,000,000 USD

Total Amount Sold $65,000 USD

Total Remaining to be Sold $935,000 USD

Clarification of Response (if Necessary):

14. Investors
Select if securities in the offering have been or may be sold to persons who do not qualify as accredited investors, and enter the number of such non-accredited investors who already have invested in the offering.

Regardless of whether securities in the offering have been or may be sold to persons who do not qualify as accredited investors, enter the total number of investors who already have invested in the offering: 2

http://www.sec.gov/Archives/edgar/data/1470127/000146958609000002/xslFormDX01/primary_doc.xml

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1. York Tang, Director
5. Compensation: $100,000 CAN
G. Securities Beneficially Owned: 17,405,000 common shares

1. Marc-Olivier Hassoun,
5. Compensation: $85,000 CAN
6. Securities Beneficially Owned: 0

Securities were offered to Messrs. Tang and Hassoun in the amount of Seventeen Million Four Hundred Five Thousand (17,405,000)common shares each in lieu of compensation for their continued service to the Company. We can see York Tangs Securities at 17,450,000, but there a 0 for Mr. Hassoun, both were given the same amount of shares? What happen to Mr. Hassoun shares? We know they are restricted, right? can someone explain...