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Re: madmaximusjr post# 11726

Friday, 08/13/2021 1:43:41 PM

Friday, August 13, 2021 1:43:41 PM

Post# of 21333
It was, by far, their best quarterly filing to date. Their gross profit for the three Months generated a whopping 73%, which is phenomenal. Their net Income percentage is a whopping 27 1/2% of revenue , which is phenomenal.

They had net income per common share of a whopping .27 on a diluted basis!!

The net income per share was boosted heavily by the cash settlement of the unrelated third party debt(derivative liability).

Crown Bridge actually took cash for the balance of the note and was paid off in full(I thought they would be pricks-surprise). No shares will come to market:

During the six months ended June 30, 2021 the Company repaid the remaining principle balance of $9,708. As of June 30, 2021 and December 31, 2020 there was a balance remaining on the loan of $0 and $19,218, respectively


This...:

As of June 30, 2021 and December 31, 2020 the balance outstanding on the loan is $150,000 and $100,000, respectively. On May 28, 2021 the Company entered into a settlement and release agreement with the borrower and agreed to pay them discuss additional amount bounded to interest expense for the settlement $400,000. The First payment of $200,000 was due upon signing and Company agreed to make additional $100,000 payments on the 30th and 60th day after signing. The additional $250,000 settlement was record as interest during the Six months ended June 30, 2021. As of June 30, 2021 accrued interest had been repaid.

This:



I'll stop there....