Visium Technologies Inc (VISM)

[Doc Holliday]

--------------- 10k out today

Just scanned over it. Same garbage.

Bankrupt:

These matters raise substantial doubt about the Company’s ability to continue as a going concern for a period of one year from the date of this filing


Something new to scam more money out of company. Said Lucky borrowed Yates money and NSEH has to pay Lucky back the $26k. Gave Lucky's side kick that came with him $25k in shares. Gave some unnamed person, probably Yates, $57k in shares. Also gave a couple other people a chunk in shares.

From time to time we have borrowed operating funds from Mr. Mark Lucky, our Chief Executive Officer and from certain Directors, for working capital. The advances were payable upon demand and were interest free. During the three months ended March 31, 2018 Mr. Lucky advanced $26,000, and Mr. Grbelja advanced $20,000 to the Company. These amounts remain outstanding as of March 31, 2018.



As of March 31, 2018, the Company had not filed tax returns for the tax years ending June 30, 2008 through 2017 and such returns, when filed, potentially will be subject to audit by the taxing authorities


With all the money they owe, it is no surprise they said:
From time to time, we may become involved in various lawsuits and legal proceedings, which arise in the ordinary course of business