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john it seems like it. lol
buy baby buy
news Thursday yahoo has fin out news next
to much stress on the stock goes up 1 thousands of a cent needs to fall back 3 1thousand of a cent to fill good...lol
we should close around .0013 or .0014..
how do spell (best)BETS..lol
smack the ask ready for .002
bets has partime workers 2 or 3 big difference...lol
smack the ask that's all we need to do smack the ask now
seawas good for u the man 20 mill
Apollo waiting on news too..lol to leek out lol
she's about to blow the top off that pineapple
As of December 31, 2015, the outstanding loan balance on this including forbearance liability was $320,057 and assigned to Apollo Management Group, LLC.
320 thousand dollars left
they know it junk
we should a pop here in bets this week
I hope it works out
drane that was mess on gds..... sank like a rock
Shane O'Driscoll, CEO of SeanieMac, said, "Since having updated all of our filings, we have been amazed by the incredible interest we have received by shareholders and customers from around the world. We have been continuing operations, as well as re-evaluating and assessing best practices so we can deliver the best online experience out there. With that being said, we have been very active during the past year so that we can position ourselves to be one of the best in our category in Europe and quite possibly the world.
the last line in the new release sounds like shane was smoking some mj then came to write the new release ,,just needed to say we are moving into weed co..10 cents Monday...shane smoking something.lol
people sell lower just let their friends load up...its all about groups in otcbb ,,what group u in
seawas bets is getting stronger by the day ready for lift off,,,and not looking back
that's a good one
Employees
As of April 11th, 2016, we had 0 full-time employees. All other employees, including our CEO/CFO, Mr. Brookstein, are part-time
sweet now that's a good idea
next week should be a good one,,,
looks like .000 coming to town near u
good answer if bets opens the new website and start making money then they do what you said ..but right now they have 1.1 bill shares left to sale first...
duh smuck..lol
that's why company never go up stay down here until end up on grey sheets or a r/s then drop right back here again ..scam otcbb pink sheet license to steal...scam plan and simple...
green clover posted that bets got 8 percent of the 600,000 dollars that's 50,000 for bets not 600,000 big difference
john u need to buy the company from barry then u and shane can do something right,,,lol
Liquidity and Capital Resources
Liquidity is a measure of a company's ability to meet potential cash requirements. We had current assets at December 31, 2015, including cash of $959 and prepaid expenses and other current assets of $1,000. We had total current liabilities of 8,014,240 and working capital deficiency of $8,012,281 and stockholders' deficit of $7,342,540 as of December 31, 2015. We are reliant upon shareholder, affiliate and third-party loans to fund operations. We have not realized positive operating cash flow. As a result, our current cash position is not sufficient to fund our anticipated cash requirements over the next 12 months, including operations and capital expenditures.
Net cash used in operating activities during the year ended December 31, 2015 was $198,288, primarily relating to our $3,734,598 net loss offset by change in fair value of derivative liabilities, loss on debt modification and increase in due to related parties. In the comparable period of 2014, we had net cash used in operating activities of $638,944.
Net cash provided by financing activities decreased during the fiscal year ended December 31, 2015 by $509,911 in total, to $22,814 from $532,725 for the year ended December 31, 2014. Net cash provided by financing activities during the year ended December 31, 2015 was primarily attributable to the reduction in proceeds from related party loans and the issuance of convertible notes and short term notes. Net cash provided by financing activities during the year ended December 31, 2014 was primarily attributable to the proceeds from the issuance of convertible notes and related party loans totaling $559,231, net of payment of loan costs of $26,506.
In order to continue to operate our business, we estimate we will require working capital of approximately $750,000 for Website operations, marketing expenses and general and administrative expenses. In 2015, related parties lent us approximately $14,314 in order to fund our 2015 working capital requirements. While related parties may continue to lend us funds for our working capital needs, we have not entered into any agreements with anyone for any future loans. In the event we are unable to borrow funds needed for our business, or we are unable to repay our current obligations when due, we will have to seek additional financing, and no assurances can be given that such financing would be available on a timely basis, on terms that are acceptable or at all. Failure to obtain such additional financing could result in our inability to operate our website which represents our sole business and would materially adversely affect our business, results of operations and financial condition and threaten our financial viability
On December 18, 2015, the remaining balance of $302,185 of principal and $17,872 in accrued interest was assigned to Apollo Capital Corp from Iliad Research and Trading, L.P. A loss of $576,431 resulted from the debt modification. The remaining balance as of December 31, 2015 is $320,057. On December 18, 2015, the Company issued to Apollo Capital Group, LLC (“Apollo Capital”) a Convertible Promissory Note (the “Note”) in the original principal amount of $320,0570 (the “Purchase Price”) which Note bears interest at 12% per annum and is compounded daily. The principal amount and accrued interest under the Note is convertible into the Company’s common stock, $0.001 par value (the “Common Stock”), at Apollo Capital’s option, at any time beginning 180 days after the date of issuance at a 65% discount of by the lowest trading price for the Company’s common stock during the 30 trading day period prior to conversion (the “Conversion Price”). All outstanding principal and accrued interest on the Note is due and payable on the maturity date, which date is June 18, 2016 (the “Maturity Date”). The conversion price is subject to adjustment in the event the Company sells or grants any option to purchase or sells or grants any right to reprice, or otherwise disposes of or issues (or announces any sale, grant or any option to purchase or other disposition), any common stock or common stock equivalents entitling any person to acquire shares of Common Stock at an effective price per share that is lower than the conversion price in effect on the date of such issuance. In addition, the Conversion Price is subject to proportional adjustment in the event of stock splits, stock dividends and similar corporate events.