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Monday, April 18, 2022 2:32:15 PM
MRNJ
OTCMarkets
PUBLISH DATE
11/19/2021
Notes payable
On May 26, 2020, the Company obtained a federally guaranteed Payroll Protection Program loan in the amount of $18,333. The loan bears intertest at 1% and is expected to be forgiven prior to maturity in 2021. The balance on the loan was $18,333 at September 30, 2021 and December 31, 2020.
On August 4, 2020, the Company obtained federally guaranteed Economic Injury Disaster Loan in the amount of $40,000. The loan bears interest at 3.75% interest and is due on August 4, 2030. Installment payments including principal and interest in the amount of $195 will begin on August 4, 2021. The balance on the loan was $40,000 at September 30, 2021 and December 31, 2020.
https://www.otcmarkets.com/otcapi/company/financial-report/312474/content
Page 15 of 19
"Financial statement information is considered current until the due date for the subsequent report (as set forth in the qualifications section above). To remain qualified for Current Information, a company must post its Annual Report within 90 days from its fiscal year-end date and Quarterly Reports within 45 days of each fiscal quarter-end date."
https://www.otcmarkets.com/otcapi/company/financial-report/312474/content
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MRNJ
OTCMarkets
April 18, 2022
"Warning! Limited Information
OTC Markets Group has confirmed that this company has limited disclosure or financial information publicly available, but meets a minimum requirement for public quoting under Rule 15c2-11. The Pink Limited Information tier may include companies that are delinquent in their filing obligations with the SEC, a foreign exchange or regulator, or under the Pink Disclosure Guidelines, as well as non-U.S. companies listed on a foreign exchange that does not require English disclosure and do not certify their compliance with SEC Rule 12g3-2(b)."
https://www.otcmarkets.com/stock/MRNJ/overview
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