InvestorsHub Logo
Followers 21
Posts 1213
Boards Moderated 0
Alias Born 10/04/2014

Re: VeronicaFox post# 36940

Friday, 03/31/2017 12:55:38 AM

Friday, March 31, 2017 12:55:38 AM

Post# of 38587
The debts they are showing are nothing (less than 45k) and also in the filing they claim no promotion expense. It seems that the lenders are doing the promotions? They are also not American of course and sometimes things are lost in the translation.
I know at my job even though they understand English they do no interpret it correctly and it makes things very difficult. So that could explain some of the wording and how we interpret it, just a thought.
Now I just skimmed through the filings so I may have missed somethings

Note amount Date of the note Balance due Interest accrued
$4,000 9/15/2016 $4,000 $117
$1,000 10/11/2016 $1,000 $22
$13,000 10/25/2016 $13,000 $239
$5,600 11/15/2016 $5,600 $71
$4,000 11/25/2016 $4,000 $39
$16,000 12/07/2016 $16,000 $105
$1,800 12/21/2016 $1,800 $5
$2,000 12/23/2016 $2,000 $4

Advertising Costs - Advertising costs are expenses as incurred. The Company does not incur any direct
response advertising costs. No does the company employee an agency.