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Re: Time2Surf post# 38083

Monday, 09/08/2014 3:32:55 PM

Monday, September 08, 2014 3:32:55 PM

Post# of 221440
Its under "Derivative Liability", which an incredibly vague and broad term. Its basically convertible debt, but the company uses it to fool investors into thinking they have less convertible debt then they really have. The interest on the loans are usually put under derivitive liability.