Quarterly report pursuant to Section 13 or 15(d)

13. Stockholder???s Equity

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13. Stockholder’s Equity
3 Months Ended
Jun. 30, 2017
Related Party Transactions  
Stockholder’s Equity

During the three months ended June 30, 2017, Mr. Turlov made capital contributions of $240 to the Company. At the time such contributions were made, Mr. Turlov was the Chief Executive Officer, Chairman of the board, and majority shareholder of the Company.

 

During the three months ended June 30, 2017, Mr. Turlov made capital contributions of $7,924 to Freedom RU.

 

On June 29, 2017, BMBM and Mr. Turlov agreed to close the acquisition of Freedom RU. Pursuant to the terms of the Acquisition Agreement, BMBM previously agreed to issue to Mr. Turlov 13% of its issued and outstanding common stock for his 100% interest in Freedom RU.