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Re: zerohedge post# 2765

Tuesday, 01/11/2022 1:30:15 PM

Tuesday, January 11, 2022 1:30:15 PM

Post# of 2949
GOOD STUFF HERE TOO. READEM AND WEEP...


Interest expense on the convertible bridge loans payable was $8,000 and $8,000 for the three months ended September 30, 2021 and 2020, respectively. Interest expense on the convertible bridge loans payable was $24,000 and $109,785 for the nine months ended September 30, 2021 and 2020, respectively. Accrued interest was $195,215 at September 30, 2021.



On April 24, 2017, a note holder filed a complaint against the Company for a promissory note in default. The note holder is requesting summary judgment in the amount of $287,215. In September 2021 a summary judgement was initiated against the Company in the amount of $263,215. As of October 2021, the Company has negotiated and paid $217,500 to the plaintiff.

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