News Column

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.



For more stories on investments and markets, please see HispanicBusiness' Finance Channel

Source: Edgar Glimpses

Story Tools Facebook Linkedin Twitter RSS Feed Email Alerts & Newsletters