InvestorsHub Logo
Followers 9
Posts 339
Boards Moderated 0
Alias Born 02/06/2013

Re: None

Wednesday, 02/24/2016 9:15:06 AM

Wednesday, February 24, 2016 9:15:06 AM

Post# of 57550
This is from the current financials. Total Liabilities are now $2,233,092! Cash on hand is $40,781. Look at the Total Payroll Payable... $1,506,634!!!! How much is Todd paying himself!


Current Liabilities

Total Accounts Payable 567,049


Other Current Liabilities


License Fee Payable 54,600
Deferred Lease Revenue 10,260
Accrued Expenses 31,205


Payroll Liabilities
Wages Payable 1,345,000
Payroll Taxes Payable 156,855
Total Payroll Payable 1,501,855
Payroll Liabilities - Other 4,779

Total Payroll Liabilities 1,506,634

Sales & Use Tax Payable
VA Use Tax Payable 422
Total Sales & Use Tax Payable 422
S/T Notes Payable 62,923



Total Liabilities 2,233,092