iMine CEO settles $643,782 debt with shares, gains 47.2% control

My City Builders, Inc.

CEO Romero converted $643,782 debt (incl. $143,782 interest) into 32,189,100 shares at $0.02/sh.
Board also authorized 3,000,000 compensation shares to Romero under 2019 employment agreement.
Romero now owns 35,189,100 shares (47.2% of outstanding), giving him voting control.
Prior control held by former CEO Ulansky with ~11.9% ownership; no arrangements between them.
Shares issued under Section 4(a)(2) and Rule 506(b) exemption; no underwriting discounts paid.

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