LOL of course the low prices and dilution, had nothing to do with any of these:
Restricted Common Stock Sold to Accredited Investors for Cash:
Number of Offering Price
Acc. Invs. Year/Month Number of Shares per Share
----------- ----------- ---------------- --------------
1999
4 January 550,000 0.10
3 March 600,000 0.10
10 April 2,045,000 0.10
13 July 2,150,000 0.10
1 September 50,000 0.10
1 December 100,000 0.10
2000
2 January 1,120,000 0.03
3 February 460,000 0.03
5 March 2,983,335 0.03
3 April 1,057,592 0.03
2 June 2,090,000 0.03
3 July 2,967,667 0.03
6 August 2,028,000 0.03
4 September 1,134,000 0.03
3 September 220,000 0.05
1 October 25,000 0.05
4 October 424,333 0.03
3 November 423,333 0.03
2 November 140,000 0.05
1 December 20,000 0.05
3 December 918,667 0.03
2001
7 January 1,648,999 0.03
1 January 25,000 0.05
5 February 1,598,333 0.03
10 March 3,663,999 0.03
9 March 615,000 0.05
4 April 200,000 0.03
2 June 85,000 0.03
1 July 70,000 0.03
1 September 30,000 0.03
3 October 1,170,000 0.03
4 November 460,000 0.03
5 December 941,667 0.03
2 December 400,000 0.05
Restricted Common Stock Sold to Accredited Investors for Services or Other
Non-Cash Consideration:
Number of Number
Acc. Invs. Year/Month of Shares Transaction: Type & Amount
---------- ------------ ----------- --------------------------
1999
1 February 999,999 Loan Repayment: $100,000
2 March 275,000 Promissory Note Extension $7,500.
Public Relations Services $20,000.
13
1 May 50,000 Promissory Note Extension $5,000.
1 July 2,000,000 Investor Relations Consulting
Contract dated July 1996
Set Annual Compensation Valued at
$80,000.
2 October 501,729 Promissory Note Extension $7,500.
Public/Media Relations
Sliding scale: $30,000.
1 December 205,000 Promissory Note Extension/
Interest Payment: $20,000.
2000
4 January 14,734,198 Equipment Purchase: $67,000.
Final Settlement of Loan & Int.
$390,000.
Promissory Note Extension $3,000.
Public/Investor Relations Services/
1 year invoices for $89,289.75.
1 February 1,000,000 Public/Investor Relations
Services/Contract for $30,000.
1 March 2,005,800 Metallurgical/Mining Consulting
Invoice: $60,173.99.
1 April 100,000 Promissory Note Extension $3,000.
1 May 168,674 Public/Investor Relations Services:
$5,060.
1 June 150,000 Promissory Note Extension $4,500.
1 August 150,000 Promissory Note Extension $4,500.
1 December 6,000,000 Investor Relations Services
Contract date July 1996
Set Annual Compensation
This Payment Covered 1997, 1998 and
1999. Valued at $240,000.
2001
1 January 125,000 Promissory Note Extension $3,750
14
1 March 350,000 Public/Investor Relations $10,500
3 June 10,000,000 Mining Claim/Proprietary
Information purchase
(Precambrian Properties) $165,000
1 July 300,000 Promissory Note Extension/ Interest
Payment: $9,000 |
