Puration Inc (PURA)

[PRmaniac]

Reverse split first, then the big PPS drop as they continue to dilute investors into the ground.

With almost 400 million share out (maybe more by now), it does not look like PURA even has enough shares authorized to allow conversion of their toxic death spiral notes.

Liabilities and Shareholders Equity
Current Liabilities:
Accounts payable, trade $ 10,039
Accounts payable-other 17,491
Accrued expenses 379,887
Accrued interest 495,782
Total Current Liabilities $ 903,199
8% Convertible Debenture – 2JT $ 125,000
Note payable - 12% SPN#1 $ 40,000
Note payable - 12% SPN#2 $ 461,542
Note payable – 10% PN #3 $ 50,000
Convertible Promissory Note 8% (3) $ 300,000
Convertible Promissory Note 8% (4) $ 300,000
JV Debt/Forebearance $ 275,849
Total Liabilities $ 2,455,590