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sunspotter

04/02/14 3:35 AM

#11886 RE: tradescott #11885

The Rochester mafiosi behind the NNAN scam continue to dilute at an incredible rate, and give themselves free shares hand-over-fist.

I guess we know who paid for all the promotion behind the NNAN criminal racket, and who was dumping shares while they urged others to buy:

"Recent Sales of Unregistered Securities

I During the fourth quarter of 2013, the Company issued shares of common stock in a transaction exempt from the registration requirements of the Securities Act of 1933 pursuant to Section 4 (2) of such Act. We issued these shares in connection with a Notice of Conversion received from Alpha Capital Anstalt as specified under the terms and conditions of the 8% Senior Secured Convertible Debt. These shares were converted at the per share price presented below reflecting satisfaction in interest payments on the outstanding notes:

November 6, 2013 16,000,000 shares in satisfaction of $6,000 in interest payments at $.000375 per share
November 12, 2013 17,000,000 shares in satisfaction of $6,820 in interest payments at $.0004 per share
November 27, 2013 19,000,000 shares in satisfaction of $26,600 in interest payments at $.0014 per share
December 11, 2013 35,000,000 shares in satisfaction of $12,000 in interest payments at $.00195 per share


II During the fourth quarter of 2013, the Company issued shares of common stock in a transaction exempt from the registration requirements of the Securities Act of 1933 pursuant to Section 4 (2) of such Act. We issued these shares in connection with a Notice of Conversion received from Merit Consulting as specified under the terms and conditions of the 8% Senior Secured Convertible Debt. These shares were converted at the per share price presented below reflecting satisfaction in interest payments on the outstanding notes:


November 13, 2013 20,009,900 shares in satisfaction of $7,503 in interest payments at $.000375 per share


III During the fourth quarter of 2013, the Company issued shares of common stock in a transaction exempt from the registration requirements of the Securities Act of 1933 pursuant to Section 4 (2) of such Act. We issued these shares in connection with a Notice of Conversion received from Cape One as specified under the terms and conditions of the 8% Senior Secured Convertible Debt. These shares were converted at the per share price presented below reflecting satisfaction in interest payments on the outstanding notes:



November 13, 2013 20,000,000 shares in satisfaction of $12,000 in interest payments at $.0004 per share
December 2, 2013 23,000,000 shares in satisfaction of $9,200 in interest payments at $.0006 per share


IV During the fourth quarter of 2013, the Company issued shares of common stock in transactions exempt from the registration requirements of the Securities Act of 1933 pursuant to Section 4 (2) of such Act. We issued these shares in connection with a Notice of Conversion received from Platinum Long Term Growth IV as specified under the terms and conditions of the Preferred C shareholder agreement. These shares were converted at 160 common shares for each preferred share.

October 11, 2013 33,258,080 shares in conversion of 207,863 shares of Preferred C
November 11, 2013 38,161,760 shares in conversion of 238,511 shares of Preferred C



V During the first quarter of 2014, the Company issued shares of common stock in transactions exempt from the registration requirements of the Securities Act of 1933 pursuant to Section 4 (2) of such Act. We issued these shares in connection with a Notice of Conversion received from Platinum Long Term Growth IV as specified under the terms and conditions of the Preferred C shareholder agreement. These shares were converted at 160 common shares for each preferred share.


February 3, 2014
43,134,720 shares in conversion of 269,592 shares of Preferred C shares"


http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=9891269

tradescott

04/06/14 1:44 PM

#11898 RE: tradescott #11885



Income Statement Get Income Statement for:


View: Annual Data | Quarterly Data All numbers in thousands


Period Ending
Dec 31, 2013

Sep 30, 2013

Jun 30, 2013

Mar 31, 2013

Total Revenue 5 19 104 19
Cost of Revenue 2 4 20 4

Gross Profit 3 15 85 15

Operating Expenses
Research Development 14 14 13 15
Selling General and Administrative 416 82 113 70
Non Recurring - - - -
Others - - - -

Total Operating Expenses - - - -


Operating Income or Loss (427) (81) (41) (71)

Income from Continuing Operations
Total Other Income/Expenses Net 51 129 (47) (40)
Earnings Before Interest And Taxes (376) 48 (88) (111)
Interest Expense 91 93 91 90
Income Before Tax (467) (45) (179) (201)
Income Tax Expense - - - -
Minority Interest - - - -

Net Income From Continuing Ops (467) (45) (149) (231)

Non-recurring Events
Discontinued Operations - - (0) -
Extraordinary Items - - - -
Effect Of Accounting Changes - - - -
Other Items - - - -


Net Income (467) (45) (180) (201)
Preferred Stock And Other Adjustments - - - -

Net Income Applicable To Common Shares (467) (45) (180) (201)