| Subsequent Events |
| 16. |
Subsequent Events |
● |
On July 2, 2018 the Company entered into a convertible promissory note a security purchase agreement dated July 2, 2018 and funded on July 3, 2018, in the amount of $200,000. The lender was Eagle Equities, LLC. |
| |
|
|
|
| |
|
● |
On July 3, 2018, the Company successfully retired an outstanding promissory note with Regal Consulting, LLC by paying the $108,000 balance in full. |
| |
|
|
|
| |
|
● |
On August 2, 2018 the Company entered into a convertible promissory note a security purchase agreement dated August 2, 2018 and funded on August 3, 2018, in the amount of $103,005. The lender was Eagle Equities, LLC. |
| |
|
|
|
| |
|
● |
On September 6, 2018 the Company entered into a convertible promissory note a security purchase agreement dated September 6, 2018 and funded on September 7, 2018, in the amount of $78,000. The lender was Eagle Equities, LLC. |
| |
|
|
|
| |
|
● |
On July 11, 2018, the Registrant Filed a Certificated of Designation for a class of preferred stock designated Class A Super Voting Preferred Stock (“A Stock”). There are 10,000 shares of A Stock designated. Each share of such stock shall vote with the common stock and have 100,000 votes. A Stock has no conversion, dividend or liquidation rights Accordingly, the holders of A Stock will, by reason of their voting power be able to control the affairs of the Registrant. The foregoing is only a summary of the certificate of designation for the A Stock, which is filed as an exhibit hereto, The Registrant has issued 1,000 shares of A Stock to Sean Folkson, giving him effective voting control over the Registrant’s affairs. |
| |
|
|
|
| |
|
● |
On July 30, 2018, noteholder Eagle Equities converted $20,000 of principal and $893.33 of interest of an outstanding note to stock. The conversion was at a price of $.15 per share. 139,289 shares were issued to the noteholder in this transaction. |
| |
|
|
|
| |
|
● |
On August 8, 2018, noteholder Eagle Equities converted $45,000 of principal and $2,100 of interest of an outstanding note to stock. The conversion was at a price of $.15 per share. 314,000 shares were issued to the noteholder in this transaction. |
| |
|
|
|
| |
|
● |
On August 22, 2018, noteholder Eagle Equities converted $20,000 of principal and $995.56 of interest of an outstanding note to stock. The conversion was at a price of $.14 per share. 149,968 shares were issued to the noteholder in this transaction. |
| |
|
|
|
| |
|
● |
On August 28, 2018 noteholder Eagle Equities converted $25,000 of principal and $1,277.78 of interest of an outstanding note to stock. The conversion was at a price of $.1365 per share. 192,511 shares were issued to the noteholder in this transaction. |
| |
|
|
|
| |
|
● |
On September 21, 2018 noteholder Eagle Equities converted $20,000 of principal and $1,035.56 of interest of an outstanding note to stock. The conversion was at a price of $.1285 per share. 163701 shares were issued to the noteholder in this transaction. |
| |
|
|
|
| |
|
● |
Subsequent to the end of
the 2018 Fiscal Year, in the ordinary course of business, the Company has entered into consulting and influencer agreements with
a number of individuals, most of whom are professional athletes, which call for the issuance of Company common stock as compensation.
As of the time and date of this filing, the Company has issued 230,948 shares in conjunction with said agreements. These shares
are accounted for in the outstanding share count reported in this Filing. An additional 123,000 shares have been committed and
not yet issued as of the time of this filing.
|
|