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Re: None

Friday, 08/14/2015 1:29:32 PM

Friday, August 14, 2015 1:29:32 PM

Post# of 81574
Remember when we 'turned the corner' in 2013?

Ahhh, good times.

In any event, Stewart gets paid (plus he gets 1% per month on his money that he lends).

I might get 1% for a 1 year CD.

They need to return to profitability to start eating away at their upside down Current Accounts.

In the alternative, they sell more Preferred shares to cover the difference. Remember the last time they did that? You should. Involve LLC, currently liquidating their 67+ million common shares. That was for a $700K investment.

Total Current Assets 2,798,555
Total Current Liabilities 4,918,661

$2.1M upside down. Say they sell 3,000 preferred shares for $2.1M, convertible into common at, let's say 0.007 per common share. That's only 300M more shares. Gonna need an increase in AS.