IIOT-OXYS Inc (ITOX)

[maxinkuckee]

I acknowledge the debt forgiveness agreements entered into in 2020. That was 2 years ago.

You should read the financial statements for the 1Q of 2922 which were filed on May 16, 2022. That balance sheet reflects a couple hundred thousand dollars in “back pay.”

You can’t whitewash that. ITOX has a continuing problem of not being able to meet their financial obligations and pay their bills. Current liabilities are 8 times greater than current assets. Even putting employees’ salaries aside, default and bankruptcy could follow if they can’t find funds to offset their accounts payable.