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Alias Born | 09/08/2004 |
Friday, October 08, 2021 12:12:12 PM
On October 6, 2021 we issued two convertible notes to the same n oteholder amounting to $31,500. We inadvertently considered these notes as promissory notes instead of properly classifying them as convertible no tes. As result we failed to record a derivative liability of $ 513,185 due to the conversion features on the notes. We also didn’t accrue $903 in interest on these notes . We are filing this Amendment No. 1 to restate our financial statements as of December 31, 2020 that were previously reported on the Original Filing. The following items have been amended to reflect the restatements: (page 2 second paragraph)
For those PMPG “investors” that are reading challenged, the date should have been October 6, 2020, not 2021.
PMPG = JOKE
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