EXOLIFESTYLE, INC. (OTCMKTS:EXOL) Files An 8-K Unregistered Sales of Equity Securities
Item 3.02. Unregistered Sales of Equity Securities.
On November 14, 2016, we filed a Current Report on Form 8-K in
which we reported that we have outstanding a total of 88,273,675
shares of common stock. Since that date, we have issued an
additional 6,540,110 shares of common stock as follows: (i) on or
about December 15, 2016 we issued 3,940,110 shares to the
conversion of that certain convertible promissory note at a
conversion price of $0.0015228, and (ii) on or about December 16,
2016 we issued 2,600,000 shares to the conversion of that certain
convertible promissory note at a conversion price of $0.0015375.
The issuance of the above shares was exempt from the registration
requirements of Section 5 of the Securities Act of 1933 (the Act)
to Section 4(a)(2) thereto as isolated transactions not involving
a public offering. Following the issuances and as of the date of
this filing, the Registrant has a total of 94,813,785 shares of
common stock issued and outstanding.
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About EXOLIFESTYLE, INC. (OTCMKTS:EXOL)
EXOlifestyle, Inc., formerly PF Hospitality Group, Inc., is a management firm, which creates, cultivates and operates a range of lifestyle brands within the restaurant and retail industries. The Company focuses on consumer food service concepts that are founded on a franchised and multi-unit business model in the retail, fast-casual and casual restaurant sector. The Company is the creator and advisor organization of the all-natural and organic pizza franchise, Pizza Fusion. The Company focuses on its consumer active wear products business. The Company designs and produces active wear brands featuring its flagship products, which include the Exosleeve, a compression knee sleeve and other active wear products that are utilized in functional athletic fitness, powerlifting, Olympic weightlifting, endurance training, boot camps, circuit training programs, and strength training protocols. The Company’s products are also sold by online retailers. EXOLIFESTYLE, INC. (OTCMKTS:EXOL) Recent Trading Information
EXOLIFESTYLE, INC. (OTCMKTS:EXOL) closed its last trading session down -0.0004 at 0.0245 with 144,488 shares trading hands.