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Re: Atlanta1 post# 1847

Tuesday, 08/11/2015 8:20:07 PM

Tuesday, August 11, 2015 8:20:07 PM

Post# of 2059
I don't think it's a big issue. Read the last line of the statement.

The net effect of the adjustment to the restated financial statements for the quarters ended September 30, 2013, March 31, 2014, June 30 2014, September 30, 2014, March 31, 2015 and the years ended December 31, 2013 and 2014 is the timing
amortization related to the non-cash discount on the convertible note payable, and timing of underreporting of the non-cash gain on derivative liability, resulting in no change in total equity as of March 31, 2015