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Re: A deleted message

Tuesday, 11/21/2017 3:37:28 PM

Tuesday, November 21, 2017 3:37:28 PM

Post# of 15664
Whoa $3.5M in debt! And only $3k in cash.

With multiple loans due next month, see below:

Gaming Machine Loans
On June 30, 2017 the Board of Directors agreed to provide financing for 6-month (due December 30, 2017) at 8% per annum for gaming equipment purchases by Rentcom, Inc. for a financed amount of $76,000, all principle plus $3,040 in interest due in one lump payment by December 30, 2017. The Loan is guaranteed by Douglas Brooks, Principal officer at Rentcom, Inc.

On June 30, 2017 the Board of Directors agreed to provide financing for 6-month (due December 30, 2017) at 8% per annum for gaming equipment purchases by Investcom, Inc. for a financed amount of $152,000, all principle and $6,080 in interest due in one lump payment by December 30, 2017. The loan is guaranteed by Paul Parliament, Principal Officer at Investcom, Inc.

On September 1, 2017 Jthe Board of Directors agreed to provide financing for 4-month (due December 30, 2017) at 8% per annum for gaming equipment purchases by Investcom, Inc. for a financed amount of $190,000, all principle and $5,067 in interest due in one lump payment by December 30, 2017. The loan is guaranteed by Paul Parliament, Principal Officer at Investcom, Inc.
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