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Re: KansasCrude post# 1602

Monday, 03/23/2015 2:37:34 PM

Monday, March 23, 2015 2:37:34 PM

Post# of 47603
From the 11/19/2013 and 2/19/2014 10Q's

I read we paid Ken Azuka $140,000 plus $10K in an advance

We paid suppliers and bad debts of $90,673, + $240,673 + $247,509

We committed to invest $1,500,000 in capital and issue $400,000 worth of stock.

Now I don't know how much was invested or how much stock was given away just what the COULD have been paid without any other expenses. Just these total $2.63 Million.

Since you are saying we could profit by $4 million then the debts forgiven when we sold our share of the JV could make that number close if we did not invest the $1.5 million and the $400K in stock and did not spend any other capital
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