CBA Florida Inc. (fka CBAI)

[Myth]

I understand what you are saying, but another way to look at it is Red Oak is a shareholder who holds common shares, just like us.

If the co was sold the 1 ml in cash would belong to the buyer, not shareholders. Shareholders would all receive the same per shr as Red Oak.

Cash Flow and Cash are not the same, but to your point once the Note is paid off that will be 1.2 mil per year they will not have to pay.

If you look at the last 10q it might make more sense, believe me I am not an accountant, not even close.

See the 9 month cash flow...

https://www.sec.gov/Archives/edgar/data/1289496/000165495416003852/cbai_10q.htm

This explains cash and cash equivalents...

http://www.accountingtools.com/questions-and-answers/what-are-cash-and-cash-equivalents.html