Joint Filing Agreement
EXHIBIT 99.1
The undersigned hereby agree that the statements on Schedule 13D with respect to the Common Stock of Bulova Technologies Group, Inc. dated as of February 25, 2013 is, and any amendments thereto (including amendments on Schedule 13G), signed by each of the undersigned shall be, filed on behalf of each of us pursuant to and in accordance with the provisions of Rule 13d-1(k) under the Securities Exchange Act of 1934, as amended.
After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.
|
Date: |
December 24, 2014 |
Fieldstone Affiliates, LLC | |
| /s/ Xxxx Xxx Xxxxxxx | By /s/ Xxxx Xxx Xxxxxxx | ||
| Print Name: Xxxx Xxx Xxxxxxx |
Print Name: It’s Manger |
|
/s/ Xxxxxxx Xxxxx Xxxxxxx |
Print Name: Xxxxxxx Xxxxx Xxxxxxx
|
/s/ Xxxxx Xxxxxxx Xxxxxxx |
Print Name: Xxxxx Xxxxxxx Xxxxxxx
|
/s/ Xxxxxxx Xxxxxx XxXxxxxx |
Print Name: Xxxxxxx Xxxxxx XxXxxxxx
|
/s/ Xxxxxxxxx Xxxx XxXxxxxx |
Print Name: Xxxxxxxxx Xxxx XxXxxxxx
|
/s/ Xxxxxx Xxxxxxx XxXxx |
Print Name: Xxxxxx Xxxxxxx XxXxx
|
/s/ Xxxx XxXxx |
Print Name: Xxxx XxXxx
XXXX XXX XXXXXXX
Reporting Person
Schedule 13D
Exhibit A
PREFERRED SHARES OWNED XXXX X XXXXXXX DIRECTLY
|
Date |
Beneficially owned thru |
Method of |
|||||||||
|
Acquired |
# of Shares |
Fieldstone Affiliates, LLC |
Acquiring Shares |
||||||||
| - | - |
(800,000,000 – see reporting on Exhibit F) |
AF |
COMMON SHARES OWNED
|
Method of |
||||||||||||||
|
Date |
Price per |
Acquiring |
||||||||||||
|
Acquired |
Share |
# of Shares |
Owner |
Shares |
||||||||||
|
4/25/2014 |
$ 0.119 | 3,000,000 |
NuView XXX, Inc., FBO Xxxx Xxxxxxx Xxxx XXX |
PF |
WARRANTS
|
# of |
Method of |
|||||||||||||
|
Date |
Warrants/ |
Exercise |
Acquiring |
|||||||||||
|
Acquired |
Shares |
Owner |
Price |
Warrants |
||||||||||
|
10/3/2013 |
1,980,851 |
NuView XXX Inc. FBO Xxxx Xxxxxxx Xxxx XXX |
$ .02 |
AF |
||||||||||
|
9/1/2013 |
3,166,667 |
NuView XXX Inc. FBO Xxxx Xxxxxxx Xxxx XXX |
$ .02 |
AF |
||||||||||
|
9/4/2014 |
5,000,000 |
NuView XXX Inc. FBO Xxxx Xxxxxxx Xxxx XXX |
$ .02 |
AF |
||||||||||
|
9/4/2014 |
10,000,000 |
NuView XXX Inc. FBO Xxxx Xxxxxxx Xxxx XXX |
$ .02 |
AF |
||||||||||
|
TOTAL |
20,147,518 |
XXXXXXX XXXXX XXXXXXX
Reporting Person
Schedule 13D
Exhibit B
PREFERRED SHARES OWNED
NONE
COMMON SHARES OWNED
|
Method of |
||||||||||||||
|
Date |
Price per |
Acquiring |
||||||||||||
|
Acquired |
Share |
# of Shares |
Owner |
Shares |
||||||||||
|
4/25/2014 |
$ 0.119 | 3,000,000 |
NuView XXX, Inc., FBO Xxxxxxx Xxxxx Xxxxxxx Xxxx XXX |
PF |
WARRANTS
|
# of |
Method of |
|||||||||||||
|
Date |
Warrants/ |
Exercise |
Acquiring |
|||||||||||
|
Acquired |
Shares |
Owner |
Price |
Warrants |
||||||||||
|
10/3/2013 |
1,980,851 |
NuView XXX Inc. FBO Xxxxxxx Xxxxx Xxxxxxx Xxxx XXX |
$ .02 |
AF |
||||||||||
|
9/1/2013 |
3,166,667 |
Xxxxxxx Xxxxx Xxxxxxx |
$ .02 |
AF |
||||||||||
|
9/4/2014 |
5,000,000 |
NuView XXX Inc. FBO Xxxxxxx Xxxxx Xxxxxxx Xxxx XXX |
$ .02 |
AF |
||||||||||
|
8/29/14 |
10,000,000 |
NuView XXX Inc. FBO Xxxxxxx Xxxxx Xxxxxxx Xxxx XXX |
$ .02 |
AF |
||||||||||
|
TOTAL |
20,147,518 |
XXXXX XXXXXXX XXXXXXX
Reporting Person
Schedule 13D
Exhibit C
PREFERRED SHARES OWNED
NONE
COMMON SHARES OWNED
|
Method of |
||||||||||||||
|
Date |
Price per |
Acquiring |
||||||||||||
|
Acquired |
Share |
# of Shares |
Owner |
Shares |
||||||||||
|
4/25/2014 |
$ 0.119 | 2,000,000 |
NuView XXX, Inc., FBO Xxxxx Xxxxxxx Xxxx XXX |
PF |
WARRANTS
NONE
XXXXXXX XXXXXX XXXXXXXX
Reporting Person
Schedule 13D
Exhibit D
PREFERRED SHARES OWNED
NONE
COMMON SHARES OWNED
|
Method of |
||||||||||||||
|
Date |
Price per |
Acquiring |
||||||||||||
|
Acquired |
Share |
# of Shares |
Owner |
Shares |
||||||||||
|
4/25/2014 |
$ 0.119 | 1,000,000 |
NuView XXX, Inc., FBO Xxxxxxx XxXxxxxx Xxxx XXX |
PF |
WARRANTS
|
# of |
Method of |
|||||||||||||
|
Date |
Warrants/ |
Exercise |
Acquiring |
|||||||||||
|
Acquired |
Shares |
Owner |
Price |
Warrants |
||||||||||
|
9/1/2013 |
3,166,667 |
Xxxxxxx XxXxxxxx |
$ .02 |
AF |
XXXXXXXXX XXXX XXXXXXXX
Reporting Person
Schedule 13D
Exhibit E
PREFERRED SHARES OWNED
NONE
COMMON SHARES OWNED
|
Method of |
|||||||||||||||||||
|
Date |
Price per |
Acquiring |
|||||||||||||||||
|
Acquired |
Share |
# of Shares |
Owner |
Shares |
|||||||||||||||
|
4/25/2014 |
$ 0.119 | 1,000,000 |
NuView XXX, Inc., FBO Xxxxxxxxx XxXxxxxx Xxxx XXX |
PF |
|||||||||||||||
WARRANTS
NONE
FIELDSTONE AFFILIATES, LLC
Reporting Person (Partnership)
Schedule 13D
Exhibit F
PREFERRED SHARES OWNED
|
Date |
Price per |
Method of |
||||||||||||
|
Acquired |
# of Shares |
Share |
Owner |
Acquiring Shares |
||||||||||
| 2/25/2013 | 800,000,000 | $0.00001 |
Fieldstone Affiliates, LLC (beneficial owner Xxxx X. Xxxxxxx – see reporting on Exhibit A) |
PF |
XXXXXX XXXXXXX XXXXX
Reporting Person
Schedule 13D
Exhibit G
PREFERRED SHARES OWNED
NONE
COMMON SHARES OWNED
|
Method of |
||||||||||||||
|
Date |
Price per |
Acquiring |
||||||||||||
|
Acquired |
Share |
# of Shares |
Owner |
Shares |
||||||||||
|
4/25/2014 |
$ 0.119 | 2,000,000 |
NuView XXX, Inc., FBO Xxxxxx Xxxxxxx XxXxx Xxxx XXX |
PF |
WARRANTS
NONE
XXXX XXXXX
Reporting Person
Schedule 13D
Exhibit H
PREFERRED SHARES OWNED
NONE
COMMON SHARES OWNED
NONE
WARRANTS
|
|
|
|
|
# of |
|
|
|
|
|
|
|
|
Method of |
|
|
|
Date |
|
|
Warrants/ |
|
|
|
|
|
Exercise |
|
|
Acquiring |
|
|
|
Acquired |
|
|
Shares |
|
|
Owner |
|
|
Price |
|
|
Warrants |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
9/1/2013 |
|
|
3,961,702 |
|
|
Xxxx XxXxx |
|
|
$ .02 |
|
|
AF |
|
|
Bulova Technologies Group |
Exhibit I |
|
|
Bulova Technologies Machinery |
||
|
Notes Payable |
||
|
November 30, 2015 |
|
Principal |
Loan |
Forbearance |
|||||||||||
|
NOTE: THE ENTITIES LISTED BELOW ARE AFFILIATES OF THE REPORTING PERSONS |
Loan |
Balance |
Maturity |
Agreement - Note C |
|||||||||
|
Date |
Date |
||||||||||||
|
BORROWER: BTGI |
|||||||||||||
|
Lender NFC III |
|||||||||||||
|
NFC III (Xxxxx Xxxxxxx) |
4/24/2013 |
3,500.00 |
POD |
11/30/2015 |
|||||||||
|
NFC III (Xxxx Xxxxxxx) |
4/24/2013 |
3,500.00 |
POD |
11/30/2015 |
|||||||||
|
NFC III (Xxxx Xxxxxxx) |
4/25/2013 |
51,015.85 |
POD |
11/30/2015 |
|||||||||
|
NFC III (Xxxx Xxxxxxx) |
4/26/2013 |
10,000.00 |
POD |
11/30/2015 |
|||||||||
|
NFC III (Xxxx Xxxxxxx) |
5/1/2013 |
27,303.50 |
POD |
11/30/2015 |
|||||||||
|
NFC III (Xxxx Xxxxxxx) |
5/10/2013 |
10,500.00 |
POD |
11/30/2015 |
|||||||||
|
NFC III (Xxxx Xxxxxxx) |
5/19/2013 |
25,000.00 |
POD |
11/30/2015 |
|||||||||
|
NFC III (Xxxx Xxxxxxx) |
5/31/2013 |
115,000.00 |
POD |
11/30/2015 |
|||||||||
|
NFC III (Xxxx Xxxxxxx) |
6/17/2013 |
75,000.00 |
POD |
11/30/2015 |
|||||||||
|
NFC III (Xxxx Xxxxxxx) |
6/27/2013 |
40,000.00 |
POD |
11/30/2015 |
|||||||||
|
NFC III (S V Associates) |
7/24/2013 |
50,000.00 |
POD |
11/30/2015 |
|||||||||
|
NFC III (S V Associates) |
7/31/2013 |
50,000.00 |
POD |
11/30/2015 |
|||||||||
|
NFC III (SV Associates) |
8/11/2013 |
100,000.00 |
POD |
11/30/2015 |
|||||||||
|
Grid Note - Note B |
$ | 560,819.35 | |||||||||||
|
NFC III - Note A |
2/24/2013 |
400,000.00 |
POD |
11/30/2015 |
|||||||||
|
NFC III (Xxxxx Xxxxxxx CSS) |
7/11/2013 |
5,000.00 |
12/31/2014 |
11/30/2015 |
|||||||||
|
NFC III (Fieldstone Affiliates) |
9/30/2013 |
75,000.00 |
12/31/2014 |
11/30/2015 |
|||||||||
|
NFC III (Craigmore Corporation) |
10/15/2013 |
30,000.00 |
10/14/2016 |
11/30/2015 |
|||||||||
|
NFC III (Xxxxxxx Fam. D I) |
10/30/2013 |
100,000.00 |
12/31/2014 |
11/30/2015 |
|||||||||
|
NFC III (Xxxx Xxxxxxx) |
1/17/2014 |
8,000.00 |
POD |
11/30/2015 |
|||||||||
|
NFC III |
2/13/2014 |
8,000.00 |
POD |
11/30/2015 |
|||||||||
|
NFC III (SFNextGen) |
3/6/2014 |
100,000.00 |
POD |
11/30/2015 |
|||||||||
|
NFC III |
3/12/2014 |
5,000.00 |
POD |
11/30/2015 |
|||||||||
|
NFC III |
3/13/2014 |
5,000.00 |
POD |
11/30/2015 |
|||||||||
|
Total NFC III Loans |
$ | 1,296,819.35 | |||||||||||
|
Lender SIII Associates |
- | ||||||||||||
|
SIII Associates (note Max $1,435,000) |
11/8/2013 |
878,688.00 |
3/31/2014 |
11/30/2015 |
|||||||||
|
Payment |
5/8/2014 |
(54,932.73 | ) | ||||||||||
| 823,755.27 | |||||||||||||
|
SIII Associates |
11/27/2013 |
518,000.00 |
3/31/2014 |
12/31/2014 |
|||||||||
|
SIII Associates |
2/26/2014 |
7,000.00 |
POD |
11/30/2015 |
|||||||||
|
SIII Associates |
2/27/2014 |
3,000.00 |
POD |
11/30/2015 |
|||||||||
|
Total SIII Associates Loans |
$ | 1,351,755.27 | |||||||||||
|
Lender Bulova Tech. Machinery |
|||||||||||||
|
Bulova Tech.Machinery LLC |
7/18/2013 |
60,000.00 |
XXX |
00/00/0000 |
|||||||||
|
Xxxxxx Tech.Machinery LLC |
2/7/2014 |
8,000.00 |
XXX |
00/00/0000 |
|||||||||
|
Xxxxxx Tech.Machinery LLC |
3/27/2014 |
8,000.00 |
XXX |
00/00/0000 |
|||||||||
|
Xxxxxx Tech.Machinery LLC |
4/23/2014 |
40,000.00 |
XXX |
00/00/0000 |
|||||||||
|
Xxxxxx Tech.Machinery LLC |
6/5/2014 |
50,000.00 |
XXX |
00/00/0000 |
|||||||||
|
Xxxxxx Tech.Machinery LLC |
6/13/2014 |
10,000.00 |
XXX |
00/00/0000 |
|||||||||
|
Xxxxxx Tech.Machinery LLC |
6/20/2014 |
15,000.00 |
XXX |
00/00/0000 |
|||||||||
|
Xxxxxx Tech.Machinery LLC |
7/3/2014 |
20,000.00 |
XXX |
00/00/0000 |
|||||||||
|
Xxxxxx Tech.Machinery LLC |
7/8/2014 |
15,000.00 |
XXX |
00/00/0000 |
|||||||||
|
Xxxxxx Tech.Machinery LLC |
7/16/2014 |
10,000.00 |
XXX |
00/00/0000 |
|||||||||
|
Xxxxxx Tech.Machinery LLC |
7/23/2014 |
10,000.00 |
XXX |
00/00/0000 |
|||||||||
|
Xxxxxx Tech.Machinery LLC |
8/1/2014 |
5,000.00 |
XXX |
00/00/0000 |
|||||||||
|
Xxxxxx Tech.Machinery LLC |
8/13/2014 |
7,000.00 |
XXX |
00/00/0000 |
|||||||||
|
Xxxxxx Tech.Machinery LLC |
8/26/2014 |
12,000.00 |
POD |
11/30/2015 |
|||||||||
|
Total BTM Loans |
$ | 270,000.00 | |||||||||||
|
Lender Craigmore Machinery |
|||||||||||||
|
Craigmore Machinery Co. LLC |
12/27/2013 |
20,000.00 |
POD |
11/30/2015 |
|||||||||
|
Craigmore Machinery Co. LLC |
1/24/2014 |
20,000.00 |
POD |
11/30/2015 |
|||||||||
|
Craigmore Machinery Co. LLC |
1/31/2014 |
8,000.00 |
POD |
11/30/2015 |
|||||||||
|
Craigmore Machinery Co. LLC |
7/10/2014 |
43,000.00 |
POD |
11/30/2015 |
|||||||||
|
Total CMC Loans |
$ | 91,000.00 | |||||||||||
|
Lender SV Associates |
|||||||||||||
|
SV Associates |
1/9/2014 |
41,000.00 |
POD |
11/30/2015 |
|||||||||
|
Total SV Associates Loans |
$ | 41,000.00 | |||||||||||
|
Lender Tropico Equity Partners |
|||||||||||||
|
Tropico Equity Partners, LLC |
2/3/2014 |
68,160.78 |
POD |
11/30/2015 |
|||||||||
|
Total Tropico Equity Partners Loans |
$ | 68,160.78 | |||||||||||
|
Total for Principal loans BTG |
$ | 3,118,735.40 | |||||||||||
|
BORROWER: BTM |
|||||||||||||
|
Lender Xxxxxxx D-1 Trust |
|||||||||||||
|
Xxxxxxx D-1 Trust |
7/10/2013 |
100,000.00 |
XXX |
00/00/0000 |
|||||||||
|
Xxxxxxx X-0 Trust |
10/8/2013 |
50,000.00 |
XXX |
00/00/0000 |
|||||||||
|
Xxxxxxx X-0 Trust |
4/28/2014 |
400,000.00 |
4/28/2017 |
4/28/2017 |
|||||||||
|
Total Xxxxxxx D-1 Trust Loans |
$ | 550,000.00 | |||||||||||
|
Lender Craigmore Machinery |
|||||||||||||
|
Craigmore Machinery Co. |
8/15/2013 |
49,212.40 |
POD |
11/30/2015 |
|||||||||
|
Craigmore Machinery Co. |
8/15/2013 |
50,000.00 |
POD |
11/30/2015 |
|||||||||
|
Craigmore Machinery Co. |
9/1/2013 |
5,000.00 |
POD |
11/30/2015 |
|||||||||
|
Craigmore Machinery Co. |
1/9/2014 |
30,000.00 |
POD |
11/30/2015 |
|||||||||
|
Craigmore Machinery Co. |
7/15/2014 |
75,000.00 |
POD |
11/30/2015 |
|||||||||
|
Craigmore Machinery Co. |
8/12/2014 |
60,000.00 |
POD |
11/30/2015 |
|||||||||
|
Total for CMC Loans |
$ | 269,212.40 | |||||||||||
|
Lender GLS |
|||||||||||||
|
Xxxx Xxxxxxx |
9/10/2013 |
75,000.00 |
POD |
11/30/2015 |
|||||||||
|
Xxxx Xxxxxxx |
12/10/2013 |
50,000.00 |
POD |
11/30/2015 |
|||||||||
|
Total for GLS Loans |
$ | 125,000.00 | |||||||||||
|
Lender Xxxxxx 2002 Irrevocable |
|||||||||||||
|
Xxxxxx 2002 Irrevocable Trust |
2/14/2014 |
31,500.00 |
POD |
11/30/2015 |
|||||||||
|
Xxxxxx 2002 Irrevocable Trust |
4/3/2014 |
20,000.00 |
POD |
11/30/2015 |
|||||||||
|
Total for Xxxxxx 2002 Xxx.Xxxxx Loans |
$ | 51,500.00 | |||||||||||
|
Lender Banyan Capital Finance |
|||||||||||||
|
Banyan Capital Finance |
3/12/2014 |
15,000.00 |
POD |
11/30/2015 |
|||||||||
|
Banyan Capital Finance |
2/25/2014 |
8,000.00 |
POD |
11/30/2015 |
|||||||||
|
Total for Banyan Capital F. Loans |
$ | 23,000.00 | |||||||||||
|
Lender Xxxxxxx X.2007 T |
|||||||||||||
|
Xxxxxxx X.2007 Trust |
4/23/2014 |
160,000.00 |
POD |
11/30/2015 |
|||||||||
|
Total for Xxxxxx X. 2007 Trust Loans |
$ | 160,000.00 | |||||||||||
|
Lender SIII Associates |
|||||||||||||
|
S III Associates |
5/8/2014 |
100,000.00 |
POD |
11/30/2015 |
|||||||||
|
Total for S III Associates Loans |
$ | 100,000.00 | |||||||||||
|
Total for Principal and Interest BTM |
$ | 1,278,712.40 | |||||||||||
|
Grand Total for BTM & BTGI Loans |
4,397,447.80 | ||||||||||||
|
Intercompany |
(270,000.00 | ) | |||||||||||
|
Grand Total (net of Intercompany) |
$ | 4,127,447.80 |
Note A: As part of this credit extension of $4,000,000 Warrants were issued as follows:
FBO Xxxx X. Xxxxxxx 1,980,851
FBO Xxxxxxx Xxxxx Xxxxxxx 1,980,851
FBO Xxxx XxXxx 3,961,702
Note B: Warrants for loan extensions of 560,819.35 were issued
FBO Xxxx X Xxxxxxx 3,166,667
FBO Xxxxxxx Xxxxx Xxxxxxx 3,166,667
FBO Xxxxxxx XxXxxxxx 3,166,667
Note C: the Reporting Persons received 30,000,000 Warrants as part of a Forbearance Agreement and interest rate reduction as follows:
FBO Xxxxxxx Xxxxx Xxxxxxx 15,000,000 Warrants
FBO Xxxx X Xxxxxxx 15,000,000 Warrants
From time to time Xx Xxxxxxx and his affiliates make loans and advances available to the Issuer. As of November 24, 2014, in addition to the above loans for which warrants were issued as scheduled above, Xx Xxxxxxx and his affiliates have advanced the Company approximately $497,818.50. These affiliated entities have a blanket lien on all of the Issuer's and it's subsidiaries assets.
