InvestorsHub Logo
Followers 36
Posts 7313
Boards Moderated 1
Alias Born 08/09/2019

Re: michael702/ post# 44968

Thursday, 01/11/2024 11:30:13 AM

Thursday, January 11, 2024 11:30:13 AM

Post# of 47666
this is what I can pull up about EROP from financials:

On October 8, 2020, the Company entered into a Purchase and Sale Agreement with Xcelerated Revenue LLC, (“Xcelerated”) whereby the Company purchased outstanding delinquent debt obligations held by Xcelerated. Pursuant to the terms of the agreement the Company purchased approximately $19,997,000 of outstanding delinquent debt obligations for a purchase price of $750,000. As of June 30, 2022, no collections of the debt have been made and the full purchase price of $750,000 has been disclosed as an other receivable.
During Q2 2022, the $750,000 liability related to the Xcelerated agreement was purchased by EROP Enterprises, LLC (“EROP”). The Company agreed to a Settlement Agreement with EROP in which it issued 75,000,000 shares of common stock for a total liability due of $852,000. The Company recognized the additional $75,000 as a loss on conversion of debt.



Lets Go BLLB !!!!!!!!! Merger News !!!!!!!!!!!

Quarterly Report (page 3 of 17): https://www.otcmarkets.com/otcapi/company/financial-report/343374/content
Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
Recent BLLB News