Wednesday, December 17, 2014 10:56:43 AM
Long Term Liabilities
Note Payable - Golden State 2004 149,624
Note Payable - Golden State debenture 128,112
Note Payable - Auto Loans 128,634
Note Payable - STLK Notes 207,500
Convertible Notes 455,025
Note Payable - Shareholder 13,915
Total Long Term Liabilities 1,082,810
BTW friend of the company are now the purchasers of the New Preferred issue of over $300K that has much better conversion terms.. What are those funds needed for and why have they been created .. Could it be that Friends are running out for shares (Debt.) that may be converted..??
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