Monday, April 10, 2017 2:11:17 PM
A lot of the debt is money owed by McCusker through his companies (Service USA Inc and McCusker & Company) prior to any ORRV merger. He is just using ORRV as a vehicle to pay off old debts taking the money out of the pockets of the retail shareholders.
I posted about some of the specific debts at the following two links:
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=130347831
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=130351352
From the Sarasota Lawsuit which ORRV disclosed in an OTC filing (total owed $89,757):
https://promotionstocksecrets.com/wp-content/uploads/2017/04/NorthbridgeORRV.pdf
$7,000 owed to the dirty broker Windsor Street Capital LP for assisting in the debt to share transactions
$37,757 owed to Mantis Funding LLC
$45,000 owed to Tri County Furniture Services Inc
According to the paper work, on November 8, 2016, through his company Service USA Inc, Willard McCusker took out a $70,000 loan from Mantis Funding LLC (Adam Sloane) which required him to pay back the loan at $1,199/day over a period of about 90 days for a grand total of $103,600.
As of 3/20/17, McCusker still owed $37,757 to Mantis Financial Inc which Samuel Oshana (Northbridge Financial Inc) agreed to pay off the balance in exchange for free trading discounted ORRV stock.
According to the paper work, Willard McCusker through Service USA Inc and McCusker & Company Inc presumably purchased furniture from Tri County Furniture Services Inc at some point in the past. Tri County Furniture Services Inc sued Service USA Inc and McCusker & Company Inc in Palm Beach County court for an unpaid balance due on that furniture. The two sides reached a settlement agreement on March 15, 2017 with McCusker agreeing to pay $45,000 to Tri County Furniture Services Inc.
That $45,000 was paid by Samuel Oshana (Northbridge Financial Inc) in exchange for discounted free trading ORRV stock.
From the Manatee County lawsuit which ORRV hasn't disclosed yet (total owed $112,910.90):
https://promotionstocksecrets.com/wp-content/uploads/2017/04/ORRVNorthbridgemanatee.pdf
I don't have the exhibits yet for the lawsuit to see how all the debt originated but we do have a list of the debts from the complaint:
$7000 owed to Windsor Street Capital LP for assisting in the 3(a)(10) transaction as the broker
$2795.86 owed to Lee & Amtzis LP
$7575 owed to Milbern Ray & Company
$8925 owed to Really Bonito Furniture
$25,417.50 owed to Saw Enterprises Inc
$10,205 owed to Willa Jo Mills CPA
$29,294.26 owed to Human Touch LLC
$17,698.28 owed to Diyaa Adventures LLC
$4000 owed to Adam Tracy
That $112,910.90 along with the $89,757 from the Sarasota County lawsuit/settlement deal will all be turned into discounted free trading ORRV stock at a 50% discount to the lowest trading price over the past 15 trading days.
Currently $.0007 is the lowest closing price making the stock Samuel Oshana (Northbridge Financial Inc) will receive priced at $.00035/share for a total of 579,051,143 free trading shares of stock.
If the price closes lower in the coming days that number will increase.
More very important information about Northbridge Financial Inc and Samuel Oshana at the following link:
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=130349042
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