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Re: loanranger post# 47039

Wednesday, 08/16/2017 3:12:02 PM

Wednesday, August 16, 2017 3:12:02 PM

Post# of 97081
What a mess!

"During the quarter ended June 30, 2017, we issued 370 shares of preferred series “D” shares for subscriptions receivable of $3,250,000. The subscriptions receivable has subsequently been received in full. The cash related to the subscription receivable was received by the investor from China and is currently held by the Bank of Spain. Release is expected in about 10 days, will immediately be rendered to the company by the investor’s agent."