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Re: surfkast post# 16727

Tuesday, 09/02/2014 8:36:20 PM

Tuesday, September 02, 2014 8:36:20 PM

Post# of 38239
This one is interesting:

The Company lent three Companies related to our CEO a total of $104,257. The amounts carry an interest rate of 0% and have a repayment date of December 31, 2015. The company has recorded the transactions as a distribution of equity and will record further payments from the entities as contribution to the company.