HydroPhi Technologies Group Inc. (fka HPTG)

[Champ5]

Over a million dollars in notes!!!!!


As of September 30, 2015 and March 31, 2015, the outstanding balance of the notes payable and convertible notes payable to the related parties was $1,456,830 and $1,119,396 respectively. As of September 30, 2015 and March 31, 2015, accrued interest related to notes payable to related parties was $71,431 and $47,728, respectively.

How can you have less than a $1,000 cash on hand?

As of September 30, 2015, we had cash and cash equivalents of $946 and a working capital deficit of $6,076,478.