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Re: getmoreshares post# 83703

Monday, 03/27/2023 11:32:30 AM

Monday, March 27, 2023 11:32:30 AM

Post# of 84954
MRNJ>>>note payable>>>interest at 24%>>weekly monitoring fee

MRNJ
OTCMarkets
PUBLISH DATE
March 24, 2023
"On January 7, 2022, the Company issued a note payable in the amount of $6,000, with an original issue discount of $1,000, for net proceeds of $5,000. The note bears interest at 24% and is due on February 18, 2022. Payments on the loan are due in weekly principal payments of $1,000 plus interest. In addition, the Company is paying a weekly monitoring fee of $500. The net balance of the note at December 31, 2022 is $6,000."

"On February 7, 2022, the Company issued a note payable in the amount of $2,500, with an original issue discount of $500, for net proceeds of $2,000. The note bears interest at 24% and is due on March 21, 2022. The loan is payable at maturity. In addition, the Company is paying a weekly monitoring fee of $400. The net balance of the note at December 31, 2022 is $2,500."

"On February 3, 2022, the Company issued a note payable in the amount of $2,500. The note bears interest at 24% and is due on March 17, 2022. The loan is payable at maturity. In addition, the Company is paying a weekly monitoring fee of $400. The balance of the note at December 31, 2022 is $2,500."

"On April 20, 2022, the Company issued a note payable in the amount of $3,000. The note bears interest at 24% and is due on June 1, 2022. The loan is payable at maturity. In addition, the Company is paying a weekly monitoring fee of $400. The balance of the note at December 31, 2022 is $3,000."
https://www.otcmarkets.com/otcapi/company/financial-report/362611/content
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