Cotton & Western Mining Inc. (CWRN)

[microcaps1]

again to confront dishonesty
from last quarterly report as i've posted many times before from otcmarkets.com SHOWS LOAN OF 1.8 MILLION BY BOB PLUS INTEREST FOR A TOTAL OF A 2.215 MILLION LOAN

many take things out of context

Cotton & Western Mining, Inc.
Quarterly Balance Sheet 09.30.2009
ASSETS
.....
Fixed Mineral Assets
¹
Iron Ore Mineral Rights
(iron mineral deposits)
525,000.00
Pre-paid Mineral Rights
Total Fixed Mineral Assets
525,000.00
Other Assets
Mining Machinery
133,500.00
Geological Electronic Equipment 15,435.00
Vehicles
32,600.00
Accumulated Depreciation
-33,051.00
Total Other Assets
148,484.00
Total Assets
673,545.00
LIABILITIES & EQUITY
Accounts Payable
(Pre-paid & Monthly)
59,670.00
Total Accounts Payable
59,670.00
Long Term Liabilities
²
Loan Payable – Robert L. Cotton 1.800,000.00
Interest Accrued (2006 to date) 415,000.00
Total Long Term Liabilities
2,215,000.00