Sector 10, Inc. (SECI)

[wEaReLeGiOn]

The note holders are the people that loony CEO Deavila is suing in this grand lawsuit, the remaining people that is to say. SECI still owes for the principal note amounts, this is just the most recent 10Q calculation for interest. Principal is around $800.000 Then there are the wages! Nearly $800,000 in wages for a year divided among 2 people.

https://www.otcmarkets.com/filing/html?id=13049815&guid=djeMUKlGj38Wm3h

The contingent reserve - interest includes all interest accrued on the Dutro Company note and all interest accrued after July 1, 2010 for the Vicki Davis and William Dutro note. Interest accrued during the six month period ended September 30, 2018 was $ 18,112 comprised of Dutro Company - $9,375, Vick Davis - $6,300 and William Dutro - $2,437. Total contingent reserve - interest for the period ended September 30, 2018 is $315,741 comprised of Dutro Company - $171,573, Vick Davis - $103,950 and William Dutro - $40,219.

General and administrative expenses were $415,403 for the six months ended September 30, 2018 which was made up primarily of Wages - $330,000, Professional fees – Legal & Accounting fees $40,000, Accrued payroll tax - $33,000, Insurance - $7,453, Filing fees – $2,940, State fees – $1,810 and other expense - $200.

$0 Assets, $10_MILLION Liabilities...Awesome!