Shares for Debt
The TSX Venture Exchange has accepted for filing the company's proposal to issue 9,966,666 common shares to settle outstanding debt for $299,000.
Number of creditors: five creditors
Insiders: Mark Pelchovitz, $200,000, 6,666,666 shares at three cents; Daniel Pelchovitz, $29,500, 983,333 shares at three cents; Steven Glaser, $8,500, 283,333 shares at three cents