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Post# of 25333
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Frayed Knot

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Frayed Knot

Re: None

Tuesday, 09/15/2015 3:00:33 PM

Tuesday, September 15, 2015 3:00:33 PM

Post# of 25333
Great news here... ACK..

The Company did not have any revenues for fiscal year ending May 31, 2015 and for the fiscal year ended May 31, 2014.

General and administrative expenses for fiscal 2015 decreased to $1,102,920 as compared to $1,027,248 in fiscal 2014. The increase is primarily related to an increase of consultants, and decreased professional fees. In fiscal year 2014 the Company placed on hold the sale of Solawerks products. Interest expense for the twelve months ending May 31, 2015 was $805,370 as compared to $511,876 for the period ending May 31, 2014. The Company's operations during fiscal 2015 were funded by convertible promissory notes, through a plethora of lenders.



http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=10910543

What a complete joke.

OFTEN IMITATED... NEVER DUPLICATED.
***
“Are you playing stupid or is it not an act?”
"Beauty fades. Dumb is forever"
Judge Judy

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