Schedule of Investors and Consideration for Series E 6% Convertible Preferred Stock

Contract Categories: Business Finance › Purchase Agreements
Summary

This document lists the investors who purchased Series E 6% Convertible Preferred Stock, the number of shares each received, and the consideration paid. Investors include Celeste Trust Reg., Esquire Trade and Finance, Gulfstream Financial Partners, Richard Lockwood, Wayne Mills, The Shaar Fund, Ltd., and Wyncrest Capital, Inc. Consideration was provided either as cash investments or by converting outstanding promissory notes. The total investment amounts to 416,250 shares and $4,162,500. This schedule identifies the material details of the stock issuance to these parties.

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EX-10.3 10 c60102ex10-3.txt SCHEDULE IDENTIFYING MATERIAL DETAILS 1 EXHIBIT 10.3 TABLE OF INVESTORS SERIES E 6% CONVERTIBLE PREFERRED STOCK
- ------------------------------------------------------------------------------------------------------------- NUMBER OF INVESTOR SERIES E SHARES CONSIDERATION PAID - ------------------------------------------------------------------------------------------------------------- Celeste Trust Reg. 25,000 $250,000 - ------------------------------------------------------------------------------------------------------------- Esquire Trade and Finance, 25,000 $250,000 Inc. - ------------------------------------------------------------------------------------------------------------- Gulfstream Financial 80,000 Conversion of promissory notes with principal outstanding Partners amount of $800,000 - ------------------------------------------------------------------------------------------------------------- Richard Lockwood 30,000 Conversion of promissory note with principal outstanding amount of $300,000 - ------------------------------------------------------------------------------------------------------------- Wayne Mills 100,000 $1,000,000 - ------------------------------------------------------------------------------------------------------------- Wayne Mills 106,250 Conversion of promissory notes with principal outstanding amount of $1,062,500 - ------------------------------------------------------------------------------------------------------------- The Shaar Fund, Ltd. 35,000 Cash investment of $350,000 - ------------------------------------------------------------------------------------------------------------- Wyncrest Capital, Inc. 15,000 Conversion of promissory note with principal outstanding amount of $150,000 - ------------------------------------------------------------------------------------------------------------- - ------------------------------------------------------------------------------------------------------------- TOTALS: 416,250 $4,162,500 in investments shares - -------------------------------------------------------------------------------------------------------------