MariMed Inc (MRMD): WORX liabilities http://www.sec.gov/A...

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MariMed Inc (MRMD)

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Re: DataStream post# 121

Wednesday, 06/04/2014 8:36:33 PM

Wednesday, June 04, 2014 8:36:33 PM

WORX liabilities

http://www.sec.gov/Archives/edgar/data/1522767/000126493114000197/worldsonline10q1.htm

Lists the following liabilties:
Accrued expenses $616K
AP to related party $286K
Deferred Revenue $226K

Total liabilities: 1,130K

It just all seems 'nutty' to me, that an unknown company, a LLC to boot (LLC means it only has members/manager, no stockholders) appears to be doing a reverse merger into WORX and no one knows what kind of assets or resources that company has.

Louis J. Desy Jr.
LouisDesyjr@gmail.com

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