Verb Technology Company Inc (VERB)

[Jacks1234]

Here’s verbs debt just from insiders accumulating debt. I can provide toxic debt for you, but you should look it up first..



Notes Payable – Related Parties

We had the following outstanding notes payable during the period specified above:

Note
Issuance Date
Maturity Date
Interest Rate
Original Borrowing
Largest Aggregate Amount Outstanding Since January 1, 2018
Amount Outstanding as of October 18, 2019
Interest Paid Since January 1, 2019
Interest Paid Since January 1, 2018
Note 1 December 1, 2015 date issued
February 8, 2021 maturity date
12.0% interest rate
$1,249,000 original borrowing $1,199,000 amount outstanding since January 2018
$825,000amount outstanding since October 2019
$78,000 interest paid since January 2019
210,000 interest paid since 2018

Same content for each column..

Note 2 December 1, 2015 February 8, 2021
12.0%
189,000
189,000
17,000

Note 3 December 1, 2015
April 1, 2017
12.0%
112,000
112,000
112,000

Note 4 April 4, 2016
June 4, 2021
12.0%
343,000
343,000
240,000
23,000
107,000

Note 5 April 4, 2016
December 4, 2018
12.0 %
122,000
122,000 37,000
Total notes payable – related parties $1,965,000
$1,177,000
$101,000
$317,000