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Sunday, August 23, 2015 12:08:25 AM
The Company has evaluated all events that occurred after the balance sheet date of June 30,
2015 through August 19, 2015, the date these financial statements were issued. The
Management of the Company determined that there was one reportable event that occurred
during that subsequent period to be disclosed.
The Company has become aware of a debt owed by a prior subsidiary of the Company in the
amount of $412,000, plus interest and expects to settle this obligation by the fourth quarter of
2015.
Anyone got any comments on this? Just checking the 10Q again and realized I had missed it initially. GLTA
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