Quarterly report pursuant to Section 13 or 15(d)

NOTE 14: SUBSEQUENT EVENTS

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NOTE 14: SUBSEQUENT EVENTS
6 Months Ended
Jun. 30, 2018
Notes  
NOTE 14: SUBSEQUENT EVENTS

NOTE 14: SUBSEQUENT EVENTS

 

On July 17, 2018 The Company issued 150,000 S-3 shares to Cross & Company for $2.267 per share, which represented a discount of 12.5% from the Stock’s closing price and True-Up adjustment of $17,550 on that date for a total purchase price of $322,500. The Company received $103,750 in cash and $218,750 was authorized as payment of redemption notice issued by Atlas LLC ($175,000 redemption notice x 125% = $218,750).

 

On August 1, 2018, the Company issued 239,521 restricted shares of its common stock to Kettner Investment LLC valued at $400,000 pursuant to the stock purchase agreement.

 

On August 2, 2018 The Company issued 150,000 S-3 shares to Cross & Company for $1.943 per share, which represented a discount of 12.5% from the Stock’s closing price and True-Up adjustment of $68,100 on that date for a total purchase price of $223,350. The Company received $223,350 in cash.