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Re: TMaga post# 24635

Sunday, 05/15/2022 8:45:53 PM

Sunday, May 15, 2022 8:45:53 PM

Post# of 24791
Those numbers are from the financials and like you I don't see how the company can recover.

"As of December 31, 2021, the Company had an accumulated deficit of $217,326,611 and a working capital deficit of $28,225,908 (including derivative liabilities of $20,966,701). As of December 31, 2021, the Company was in default of $1,973,847 and accrued interest on debt instruments due to non-payment upon maturity dates, and subsequent to December 31, 2021, an additional $13,310,000 and accrued interest on debt instruments also were in default status due to non-payment upon maturity dates."

IG


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