Good Add
Overall, I counted at most, 5,633,339 in debt which is reasonable for a company that had $25M in revs. Also discussed in the 8k were three lawsuits,
First, a suit against Robbins Consulting which IFCR filed in March 2016, pursuing $979,878 in damages
A suit against Smith Systems Transport in May 2016, which IFCR is aggressively pursuing and "confident it will prevail.
And a fraudulent suit filed May 2016, against IFCR from a defunct subsidiary which has already been financially allocated for.
Profits from the lawsuits will help to extinguish the debt. The suit against Robbins could yield roughly a million depending upon how IFCR settles and the suit against Smith should be well over a million.
The suits were filed over a year or roughly a year ago, they should be finished or close to completion.
