![](https://investorshub.advfn.com/uicon/727563.png?cb=1718134012)
Thursday, January 20, 2022 8:23:37 PM
Didn’t seem to concern you then… why now? They barely added to the corporate debt since takeover.
I think its all My Power Solutions.
“ The Company needs to generate revenues or must raise additional capital, reduce expenses and curtail cash outflows in order to be able to accomplish its business plan. In the interim, the Company will continue to borrow funds from affiliates as needed and will accrue for management salaries and defer certain payments. The Company’s $3,381,882 of total liabilities at August 31, 2019 includes $1,114,207 of notes payable to a related party, $1,093,579 of accrued payroll expenses due to Company management, and $19,146 due to an officer of the Company.”
https://www.otcmarkets.com/otcapi/company/financial-report/275475/content
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