ROTFLMAO! liabilities $9,715,100! let's me make it clear! the liabilities increasing is because the approval LOAN $8,725,000 BY UMB BANK, NA. Note payable net discount is the recent settlement of our convertible debt with Auctus Fund, LLC, and EMA.
I CONSIDER ALL THAT IS DAMN GOOD NEWS.
This final conversion of common stock, coupled with the recent settlement of our convertible debt with Auctus Fund, LLC, substantially concludes the convertible debt arrangements that we had entered into with EMA and Auctus in 2018. While these funding agreements were necessary to allow Sun Pacific to move forward with its business plans, we are glad that they have come to an end.”