REAL ESTATE CONTACTS, INC. (OTCMKTS:REAC) Files An 8-K Unregistered Sales of Equity Securities

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REAL ESTATE CONTACTS, INC. (OTCMKTS:REAC) Files An 8-K Unregistered Sales of Equity Securities
Item 3.02.  Unregistered Sales of Equity Securities

On November 22, 2016, Real Estate Contacts Inc. (the “Company”) issued 40,000,000 shares of its common stock as follows:

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20,000,000 shares to sole Director, Robert DeAngelis, as an annual bonus to his employment agreement.  

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Another 20,000,000 shares to persons in consideration for services to be rendered over the next two years to 2 year employment or consulting agreements.

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The shares were valued at $0.06, which is 50% of the average price for which the Company stock sold during the ten (10) trading days ending November 22, 2016 ($0.12 per share), as reported on OTCMarkets website.

The issuance of the shares described above was made without registration under the Securities Act of 1933, as amended (the “Act”), in reliance on the exemptions provided by Section 4(a)(2) of the Act and Regulation D under the Act. No advertising or general solicitation was made in connection with the sale and issuance of the Company’s common stock.


About REAL ESTATE CONTACTS, INC. (OTCMKTS:REAC)

Real Estate Contacts, Inc. is engaged in the ownership and operation of a real estate advertising portal Website. The Company provides an online real estate search portal that consists of an advertising and marketing platform for real estate professionals. It provides a service that enables real estate professionals to capture, cultivate and convert leads, which caters to home buyers and sellers from its real estate search engine Website, (www.realestatecontacts.com). RealEstateContacts.com serves as an Internet portal that features a real estate search engine and a media network that directs consumers to receive detailed information about current listings, homes for sale, commercial properties, mortgages and foreclosures. Its business is conducted solely within the Internet arena. The Company is also engaged in developing online video Websites for the enterprise market.

REAL ESTATE CONTACTS, INC. (OTCMKTS:REAC) Recent Trading Information

REAL ESTATE CONTACTS, INC. (OTCMKTS:REAC) closed its last trading session 00.000 at 0.120 with 200,100 shares trading hands.