Unregistered Sales of Equity Securities and Use of Proceeds
−Removed: During the six months ended June 30, 2014 and through the current date we issued a total of 4,455,226 shares during the six months ended June 30, 2014 and a further 4,726,760 shares to the current date of our common stock.
+Added: During the nine months ended September 30, 2014 and through the current date we issued a total of 10,299,494 shares during the nine months ended September 30, 2014 and a further 30,210,000 shares to the current date of our common stock.10
During December 2013, a consultant was granted 800,000 unregistered shares of the Company’s common stock for a clinical research study on our Type2Defense product.
11 unchanged sentences
The firm will be compensated with 360,000 unregistered shares of the Company’s common stock payable in increments of 30,000 shares per month for twelve (12) months starting on April 1, 2014.
−Removed: As of August 12, 2014 the Company issued 120,000 unregistered shares of the Company’s common stock which were valued at $0.0176 per share or $2,109.
+Added: As of October 21, 2014 the Company issued 360,000 unregistered shares of the Company’s common stock which were valued at $0.01 per share or $3,732 to fully satisfy the March 2014 agreement.
During April 2014, our former chief executive officer was re-issued 600,000 unregistered shares of the Company’s common stock which were canceled in January 2014 to satisfy a promissory note conversion request.
21 unchanged sentences
The shares were valued at $4,925 or $0.0197 per share.
+Added: During August 2014, a promissory note was partially converted into unregistered shares of the Company’s common stock.
+Added: The amount totaled $3,059 including accrued interest was converted into 611,754 unregistered shares of the Company’s common stock at $0.005 per share.
+Added: During September 2014, a promissory note was partially converted into unregistered shares of the Company’s common stock.
+Added: The amount totaled $2,529 including accrued interest was converted into 505,754 unregistered shares of the Company’s common stock at $0.005 per share.
+Added: On October 1, 2014, the Company entered into an Intellectual Property Purchase Agreement to purchase the “Glucose Health Natural Blood Sugar Maintenance” product from BTB Management LLC.
+Added: BTB Management LLC was compensated with 15,000,000 unregistered shares of the Company’s common stock valued at $0.0076 per share or $114,000.
+Added: On October 1, 2014, Murray Fleming was appointed as the Company’s Chief Executive Officer for the 12 month period ending October 1, 2015.
+Added: Fleming was compensated with 15,000,000 unregistered shares of the Company’s common stock valued at $0.0076 per share or $114,000.
With respect to the sales of all securities
7 unchanged sentences
Use of Proceeds of Registered Securities.
−Removed: There were no proceeds from the sales the Company’s unregistered common stock during the six months ended June 30, 2014.
+Added: There were no proceeds from the sales the Company’s unregistered common stock during the nine months ended September 30, 2014.
Penny Stock Regulation.
22 unchanged sentences
Compared sentence by sentence after normalising whitespace, quotation marks, case and digits, so re-formatting and restated figures do not read as changed language. Wording changes appear as one removal and one addition. The current filing and the prior one are authoritative.