InvestorsHub Logo
Followers 138
Posts 79540
Boards Moderated 5
Alias Born 01/22/2007

Re: None

Monday, 10/20/2014 10:11:07 PM

Monday, October 20, 2014 10:11:07 PM

Post# of 74415
NOTE 5 – STOCK SUBSCRIPTION PAYABLE
In the quarter ended June 30, 2014, one investor contributed $339,000 of capital in anticipation of a future equity
offering.
The receipt of the funds was recorded as Stock Subscription Payable in the equity section of the balance
sheet.


Get ready......