Edward
1 day ago
Classic! There was never a purchase of 10 portals and now the commitment to purchase 10 portals is cancelled since they didn't fulfill amendment B. Just as I said for a year.
From the filing on 12/16/2024 page 9-10:
"During August 2023 the Company signed a Distributor License Agreement with Passive Security Scan (βPSSIβ), a subsidiary of Defense Technologies International Corp, and made the required $10,000 deposit. The $10,000 deposit remains on the books as a current asset however the Distributor License Agreement ended due to the Company not fulfilling additional requirements under Addendum B of the Agreement in a timely manner. Effective December 16, 2024, PSSI waived the requirements under Addendum B of the August 2023 Distributor License10 is extension is subject to the purchase of 10 Passive Portals at an agreed upon discounted price within 120 days of December 16, 2024.
price_and_volume
2 days ago
Nearly a billion shares added to O/S:
3,636,383,614 and 2,844,828,058 shares issued and outstanding as of August 31, 2024 and 2023, respectively Likely gonna hit 4 billion O/S soon.
Of course that would be the GOOD NEWS - the bad news will be if this thing disappears altogether before anyone gets an exit.
GLTA!
price_and_volume
4 days ago
Funny EV "made the decision" back in September...
ouch - Early Ventures Group made the decision to terminate this Joint Venture, and the 55,555,556 common stock shares were returned to the Company? was anyone aware of this? Funny also that the big friggin deal was 8-K'd & JK's enablers pumped the hell outta the deal back then, but when this stupid deal was "terminated" in September JK says, "no disclosure required."
FUGLY: https://www.otcmarkets.com/otcapi/company/financial-report/419132/content
Also funny (haha) that there are no LEGAL DISCLOSURES and never have been, despite being found guilty during this reporting period of using $1MM raised from investors for personal use.
Oh well, its all good I guess.
Edward
4 days ago
This is a classic.
The schedule is for 2024 yet they didn't change the date from last year, still reflects 2023.See page 9 of the fililing. Notice the 65 million is on the schedule as issued in 2024 and the expired is labeled 2024 yet the balance at the end still has 2023. Ending Balance for 2023 was 325 million and the balance at 8/31/2024 is 380 million labeled as 8/31/2023 and increase of 55 miilion ( 65m issued in 2024 less 10m expired in 2024). SEE PUBLISHED SCHEDULE IN THE FINANCIALS AT THE BOTTOM OF THIS POST.
Also, the statement is labeled unauidted. Annuals are almost 100% of the time auidted. Really professional!!!
During the year ending August 31, 2024, the Company issued 10,000,000, one year at $0.001 warrants for $10,000 cash in the form of convertible debt.
During the year ending August 31, 2024, the Company issued 50,000,000, two year at $0.0008 warrants for $15,000 cash in the form of convertible debt.
During the year ending August 31, 2023, the Company issued 11,111,111, one year at $0.001 warrants for $10,000 cash from an officer.
The following schedule summarizes the changes in the Companyβs stock options:
Number of Options Weighted Average Exercise Price Weighted Average Remaining Contractual Life (years) Aggregate Intrinsic Value Balance at September 1, 2022 94,000,000
Options granted 315,000,000
Options Expired (84,000,000 )
Balance at August 31, 2023 325,000,000
Options granted 65,000,000
Options expired 10,000,000
Balance at August 31, 2023 380,000,000 (SHOULD BE 2024)
During the year ending August 31, 2024, the Company issued 65,000,000 options to consultants.
Edward
4 days ago
There were a/o 8/31/2024 3,636,383,614 shares O/S, 297,000,000 more than the OTC currently shows. By now there are likely more.
In the 10K filing- equity section:
"3,636,383,614 shares issued and outstanding as of August 31, 2024 ( see the equity section on the balance sheet below in the filing yesterday)).
https://www.otcmarkets.com/stock/VXIT/disclosure