Thursday, August 17, 2017 9:37:32 AM
Have you read the Financials lately LOL
The debt discount was fully amortized during the period ended August 31, 2016 as a result of the conversions of the note by Tangiers. The note had
accrued interest of $0 and $1,170 as of August 31, 2016 and August 31, 2015, respectively. The debt discount had a balance at August 31, 2016 and August 31,
2015 was $0 and $0, respectively. During the year ended August 31, 2016 the holder of the note converted $31,575 of the note and interest to common stock with a
remaining balance of $1,904 which the Company repaid in cash during the same period thus repaying the note in full.
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