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Replies to post #14480 on DD Support Board and Research Team
08/23/11 12:11 AM
As of August 22, 2011, the Registrant had 8,379,641,409 shares of common stock, par value $0.001 per share, issued and outstanding.
-an officer of the company was issued 400,000,000 shares towards $25,000 in debt - average price per share of $.0000625
-Another 1,159,115,152 shares of common stock were issued under warrant exercises at an average strike price of $0.0000509,
That's 1,559,115,152 shares issued at an average share price of $.00005388/share
NOTE 8 – SUBSEQUENT EVENTS
-In July 2011, we issued 35,000,000 share of common stock valued at $14,000 at the closing price to an investor as antidilution protection.
-In July 2011, we issued 42,500,000 shares of common stock to accredited investors in exchange for aggregate cash investments of $20,000. Those investors also exchanged 200,000 shares of common stock in exchange for warrants to purchase 147,142,857 share of common stock at a purchase price of $0.00000125 per share.
-In July 2011, we issued 2,777,778 shares of common stock to an independent third party for services provided, valued at $2,500.
-On August 5, 2011, we issued to certain of our legal advisors warrants to purchase 500,000,000 shares of common stock at a purchase price of $0.0002 per share.
-On August 12, 2011, one of these legal advisors converted 75,000,000 warrants, via a cashless exercise, into 53,571,428 shares.
-On August 9, 2011, we filed an S-8 registration statement to issue 1,000,000,000 shares as part of the Company’s 2011 Stock Incentive Plan and subsequently issued those shares.
-On August 22, 2011, we terminated 550,000,000 shares previously issued in the quarter ending June 30, 2011.
On August 9, 2011, we filed an S-8 registration statement to issue 1,000,000,000 shares as part of the Company’s 2011 Stock Incentive Plan and subsequently issued those shares.
