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Sunday, October 26, 2014 6:16:12 PM
DD2Gain
I've heard the debt is made up of mostly non-cash accounting. OK, so are the assets by being 80% accounts receivable that has already been borrowed against IN TRIPLICATE (factoring, convertible notes at 50% total premium/interest, delinquent payroll taxes).
Well, this is a first!!!
LTNC's receivables are factored only once not "IN TRIPLICATE". Everything else is purely fabricated. Receivable's ARE NOT borrowed against any convertible notes and this company DOES NOT have any delinquent taxes as of today's date. Not that it would matter because saying that LTNC's receivables are borrowed against any delinquent payroll taxes makes no sense. And. like Judge Judy say's, "If it doesn't make sense, it's a lie."
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