Harmony Provides Product Updates, Announces Debt Settlements and Issuance of Stock Compensation
FCC-compliant devices follow the rules and regulations the Federal Communications Commission ("FCC") of USA has laid down.
- FCC-compliant devices follow the rules and regulations the Federal Communications Commission ("FCC") of USA has laid down.
- Harmony also announces the settlements of account payable to one insider of the Company for an aggregate amount of $6,000.00 (the "Insider Debt Settlement"), in consideration for the issuance of an aggregate of 60,000 Shares (deemed price of $0.10 per Share).
- The Company's Board is of the view that this Insider Debt Settlement is an appropriate means of compensation, as well as an effective means of preserving the treasury.
- To compensate two consultants, the Company issues 70,000 common stock of the Company as one time compensation, in lieu of cash consideration at a prices of $0.10 per share.