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Re: Big Casino 1518 post# 27677

Thursday, 08/14/2014 3:15:46 PM

Thursday, August 14, 2014 3:15:46 PM

Post# of 31561
The $838,000 (not $720,000 yahoo listed) in liabilities from the most recent 10-Q:

CURRENT LIABILITIES:
Accounts payable $ 66,000
Accrued expenses 23,000
Unearned revenue 69,000
Related party payables 680,000
TOTAL CURRENT LIABILITIES 838,000

I believe a good chunk of the "Related party payables" are back pay for Carl from previous years that he is still owed. It was noted in the 10-K that he is still owed quite a sum for "services" or he can be paid in shares of VSPC.


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