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Re: None

Tuesday, 05/21/2019 8:45:06 AM

Tuesday, May 21, 2019 8:45:06 AM

Post# of 96439
WOW the Q is a disaster. They have created so many shells here that any money will never be seen by WRFX

https://backend.otcmarkets.com/otcapi/company/financial-report/221078/content



In August 2018, the WRFX CEO decided to raise additional capital from current shareholders using a new Limited Liability Company, Celsus, LLC as a creative approach to providing additional investment incentives for restricted shares. After much debate and consternation between the WRFX management and Paranotek management, a competent legal review was performed by an attorney specializing in securities.The Offering documents are to be corrected and the Offering to be strictly from the Company and not a third party.New classes of restricted stock will be created with incentives for those investment offering when they become available.



1. In February 2019, the Company entered a single loan agreements with Cesilie Klaeboe for $24,000 with $1,000 monthly direct deposit payments.2. On January 1st, 2019 the Company signed a traditional payment security agreement with Apollo Capital Corp in the amount of $414,000 with $15,000 monthly payments.3. Other debts such as loan to officer or directors will be remediated into respective restricted shares agreements.



Total Debt 2,239,423

Accounts Receivable $14,902