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Re: appie post# 38407

Wednesday, 09/12/2018 1:35:51 PM

Wednesday, September 12, 2018 1:35:51 PM

Post# of 45656
GEGP - ZERO DEBT!!

Interesting thing I read in the 8K was Fytton is not making the company pay him for back salary and other costs he's paid up front. Section from the 8K below.

"F. SELLER shall prepare and BUYER shall sign and acknowledges a Release of Liability to the Company for any and all expenses, past salaries and other Company Payables due to the SELLER as outlined in the Companies Balance Sheet. As a result, the Company's liability to the SELLER shall be NIL as of the Closing."

This means there is literally $0 debt on the balance sheet once this merger is complete!!!!

GEGP