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Re: Pennyprof post# 210644

Tuesday, 02/19/2019 8:14:45 PM

Tuesday, February 19, 2019 8:14:45 PM

Post# of 235061
Additionally, in January 2016, our officers received an aggregate total of $231,840 of accrued payroll and forgave an aggregate total of $762,275 of accrued payroll, from prior years’ missed salaries, that we owed to them. We recorded the officers’ forgiveness of accrued payroll as a capital contribution in January 2016.

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