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Re: Xjle post# 61974

Thursday, 08/10/2017 6:27:36 PM

Thursday, August 10, 2017 6:27:36 PM

Post# of 138020
This stock could be the one that makes us million of millions of dollars.

The achievements are real that is why I am still here riding side by side with them.

For the entire management team to make money they must move the stock above .0894 cents per shares.

This is the KEY to why I pick the stock and invested so much money in OTTV.


As you read the 10-Q. Please: make sure you notice these keys words...
Accrued, Subsequent, Rendered. Yes, I try to make as clear as possible and the very best I can layout.

SERVICE PREVIOUSLY RENDERED. FOR THE PREVIOUSLY WORK THE WAGES THAT
"""""COMPANY OWES THEM MONEY"""" """""I OWE You""""""Money!!

LET SEE HOW MUCH """""COMPANY OWES THEM MONEY"""" """"

Accrued Salary and Wages $148,242 This amount is for April 5, 2016, to Dec 2016. This amount accrued salary carry over to 2017

Page 2 under Item 1. Financial Statements.

If you roll down a little you will see Accrued Salary and Wages.

Accrued Salary and Wages $329,840 this amount total for first, second quarter of 2017 and part of 2016

ACCRUED SALARY $329,840

Now let view the Accrued Salary and Wages $329,840 the company owes to whom?

"The detail composition of $329,840 in accrued wages with related parties as of April 30, 2017 is as follows: Johnny Falcones $114,265, Alberto Gomez $123,288 and John Sepulveda $92,288.


Johnny Falcones, Founder Chairman and CEO Viva Entertainment Group

John J Sepulveda Latin America President, Viva Entertainment Group

Anthony Hernandez, Director, Viva Entertainment Group



What is 'Accrue'

Accrue is a term used to describe the ability for something to accumulate over time, and is most commonly used when referring to the interest, income or expenses of an individual or business.

Let look at two similar quote statement on the 10-Q

"Subsequent to April 30, 2017, the Company issued a total of 2,120,000,000 shares of restricted common stock to several individuals on the conversion of notes payable and associated accrued interest

Noticed another statement on the 10-Q is said the same thing but is also included $127,500 which is totally confusing make you think the entire 2.1 billion for only $127,500

Please: they DO NOT give away 2.1 million shares for a small chump change 127k

Subsequent to April 30, 2017, the Company issued a total of 2,120,000,000 shares of restricted common stock to several individuals for cash proceeds of $127,500.



TO GET A CLEAR PIC WE MUST LOOK AT EVERYTHING...

NOTE 6 - COMMON STOCK

During the three months ended April 30, 2017 the Company had the following common stock transactions:

98,050,000 shares issued to various individuals for services previously rendered valued at a total of $9,213,195 using the share value on the date of agreement



So they accept...98,050,000 shares FOR $9,213,195 and is Clearly said "issued to various individuals for services previously rendered valued.

How do you going to explain that?

If you divide $9,213,195 for 98,050,000 then you get .0936 per shares.

However, since they said for services previously rendered that indicated the amount SERVICE PREVIOUSLY RENDERED ACCRUE """""COMPANY OWES THEM MONEY"""" """" ACCRUED SALARY $329,840

We already know the future wages is $8,768,449 so the

Total $9,213,195 MINUS WAGES $8,768,449 = $444,746

$444,746 minus $127,000 CASH give you the final amount is $317,746

As we know the COMPANY OWES THEM MONEY"""" """" $329,840. Is is make sense since they receive 127k the cash, therefore, the ACCRUED WAGES INTEREST MUST BE ADJUSTED TO THE FINAL AMOUNT IS $317,746

Now you have a clear pic 98,050,000 shares FOR $9,213,195 out of that is part of the amount company owes them money and the remaining future pay $8,768,449 is for 98,050,000 shares = .0894 cents per shares. IMHO.

POWERBATTLES.