IF CONMAN doesn't produce any profits HOW does he ever pay these accumulated debts...stick it to the shareholders again and again? problem is Toxic lenders wont even lend him as no liquidity.
CURRENT LIABILITIES
Accounts payable
$ 1,317,620
Payroll and taxes payable
3,222,820
Accrued interest
105,408
Other payables and accrued expenses
305,906
Convertible notes payable, net of debt discount
364,254
Current maturities of notes payable
24,916
Loans payable - other
676,386
Loans payable - related parties
405,169