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ELAYAWAY, INC. FILES (8-K) Disclosing Unregistered Sale of Equity Securities

May 6, 2014



Item 3.02 Unregistered Sales of Equity Securities.

As disclosed in our Quarterly Report on Form 10-Q for the three months ending March 31, 2014, on April 8, 2014, we submitted to the State of Delaware Secretary of State via facsimile filing a Certificate of Designation to designate a class of preferred stock, the Series H Preferred Stock, pursuant the provisions of our Articles of Incorporation. Each share of Series H Preferred Stock shall entitle the holder to five million votes on all matters submitted to a vote of the stockholders of the Company. Each share of Series H Preferred Stock is convertible into one share of common stock.

On May 2, 2014, the Board of Directors issued Sergio Pinon 10 shares of Series H preferred stock in exchange for services valued at $5,000. These shares were issued pursuant to an exemption from registration requirements relying on Section 4(2) of the Securities Act of 1933.

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Source: Edgar Glimpses


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