InvestorsHub Logo
Followers 6
Posts 374
Boards Moderated 0
Alias Born 07/14/2013

Re: None

Tuesday, 08/23/2016 5:46:57 PM

Tuesday, August 23, 2016 5:46:57 PM

Post# of 67758
20M TOXIC DEBT ...

LIABILITIES AND STOCKHOLDERS' DEFICIT

Liabilities
Bank Overdraft
$ 44
$ —
Term Notes Payable
441,421
441,421
Notes Payable - Affiliates
1,102,971
1,100,611
Judgements Payable
1,129,326
1,102,510
Convertible Notes Payable, Net of Discounts of $833 and $24,291
101,462
75,189
Derivative Liability
284,455
168,248
Deferred Retirement Benefits
438,782
438,782
Accounts Payable
844,543
822,182
Advances from Shareholders
149,185
149,185
Accrued Expenses
2,974,295

15,486,885

Total Liabilities
7,466,484

19,785,013





3/15, 2016 the Registrant issued 440,000,000 shares of its common stock see:

https://www.sec.gov/Archives/edgar/data/78311/000109181816000240/soum031620168k.htm

Notification of inability to timely file Form 10-K 405, 10-K, 10-KSB 405, 10-KSB, 10-KT, or 10-KT405
Acc-no: 0001091818-16-000252 (34 Act) Size: 23 KB

https://www.sec.gov/Archives/edgar/data/78311/000109181816000252/soum03302016nt10k.htm

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.