XCPCNL Business Services Corp (XCPL)

[Calvin Hobbes]

Nice straight from filings. No interest on most debts.. Goto love it..

As at
April 30, 2016
and
July 31, 2015
, the Company had advances of $
24,909
and
$24,006, respectively, and
outstanding payables totaling $152,310
and
$146,784, respectively, all with Zynpak Packaging Inc. in which the
Com
pany's former Chief Executive Officer has a majority ownership interest. The balances are non
-interest bearing,
unsecured and have no specified terms of repayment.
As of
April 30, 2016
and
July 31, 2015
advances of $
81,263
and
$78,314
, respectively, with Den Packaging
Corporation in which the Company's former Chief Executive Officer has a majority ownership interest and advances of
$9,000 and $9,000
, respectively, with Century. The balances are non
-interest bearing, unsecured and have no specified
terms of
repayment.