The spent $380k in cash and another $120k in stock for operations.
They spent $100k additional in fixed asset and construction costs.
Their only source of cash was the $350k in stock bought by the CEO.
Assets fell by $50k. Liabilities increased by $280k.
Looks like they've defaulted on their payoff agreement, "On September 22, 2016, the Company entered into a payoff agreement to pay WHC Capital, LLC a total of $100,000 in five installments ranging between $15,000 and $25,000 payable from October 21, 2016 through February 21, 2017 in satisfaction of a total of $114,002 of principal and unpaid interest on two convertible notes originally entered into with WHC on August 24, 2015 and August 19, 2014. As of March 31, 2017, the Company had paid a total of $60,000 on the settlement, as specified in the agreement."
TA - Over $500 million in toxic funded pump and dumps exposed and growing every day!
