CHESS SUPERSITE CORPORATION (OTCMKTS:CHZP) Files An 8-K Unregistered Sales of Equity SecuritiesItem 3.02 Unregistered Sales of Equity Securities
From September 14, 2016 through February 2, 2017, the Company issued 3,357,000 shares of its common stock (“Shares”) in two (2) private transactions.
3,357,000 shares were issued to the partial conversion by the holder of the Company’s convertible promissory note. These shares were issued at conversion prices of $0.0255 and $0.0299, respectively.
The Shares were issued to the exemptions from registration under Section 3(a)(9) and Section 4(a)(2) of the 1933 Act.
The number of shares of common stock issued and outstanding as of the quarterly period ended September 30, 2016 as reported on Form 10-Q was 35,060,000.
About CHESS SUPERSITE CORPORATION (OTCMKTS:CHZP)
Chess Supersite Corporation offers an online chess site featuring a playing zone, game broadcasts with software analyses and analysts’ commentaries, education and other chess oriented resources. The Company was formed to engage in any lawful corporate undertaking, including selected mergers and acquisitions. The Company also focuses on delivering various products featuring broadcasts of games across the world, education, interactivity, playing and other services. The Company focuses on offering Web-based services designed for browsers and table computers. The Company’s playing zone will utilize two-level architecture allowing users to watch and play as individuals and/or as teams. The Company is in the process of completing a Website and has secured the domain name, Chesscoliseum.com, which is ready for Beta release. The Company has not generated revenues. CHESS SUPERSITE CORPORATION (OTCMKTS:CHZP) Recent Trading Information
CHESS SUPERSITE CORPORATION (OTCMKTS:CHZP) closed its last trading session up +0.00060 at 0.00360 with shares trading hands.