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Monday, July 26, 2021 7:31:00 AM
Crank Media:
As of December 31, 2020, and 2019, our current assets were $358 and $214, respectively, solely from cash.
As of December 31, 2020, our current liabilities and working capital deficiency decreased as compared to December 31, 2019, primarily due to the forgiveness of accrued related party compensation.
As of December 31, 2020, current liabilities consisted of $350,000 to liabilities to be settled in stock, $91,240 to convertible notes payable, $16,204 to loan payable, $12,450 due to related party, $20,358 to accounts payable and accrued liabilities and $2,345 to deferred revenue.
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