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Monday, June 25, 2018 4:15:20 PM
On February 17, 2010, the Internal Revenue Service placed a federal tax lien of $756,711 and an additional $161,150 on June 14, 2010, against all of the property and rights to the property of BOOMj.com for unpaid federal payroll withholding taxes for the year ended December 31, 2009. The current amount outstanding including penalty and interest is $1,607,163, which is also inclusive of amounts outstanding for state tax related claims of $63,725. The accrued interest on the balance sheet related to this liability is $550,000 and $530,000 as of March 31, 2018 and December 31, 2017, respectively.
Robert McNulty was CEO at the time.
https://backend.otcmarkets.com/otcapi/company/sec-filings/7060432/content/html
https://backend.otcmarkets.com/otcapi/company/sec-filings/7194979/content/html
Pursglove beat McNulty in court.
On July 28, 2011, a judgement with civil case number: 2:08-cv-00496-KJD-LRL was entered in favor of George Pursglove, the Company’s current CEO, from his counter suit against BOOMj.com, a wholly-owned subsidiary of Beyond Commerce, Inc. The judgement was in the amount of $20,775 for damages as to the claim for failure to pay wages, $3,000,000 for damages as to the conversion claim and $3,000,000 for punitive damages for a total of $6,020,775 (the “July Judgment”). The July Judgment accrues interest at a rate of 5.286% per annum. As of March 31, 2018, the total amount of principal and interest was $7,812,426.
This took 3 min to find.
you all are children
Now you Dwyane me...now you Dwon't
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