Yuengling's Ice Cream Corp (YCRM)

[KnicksStockChamp]

It keeps getting better. ReachOut has to pay out $3.1m over the next 7 years. That was in exchange for an acquisition that's only helped them net $1.1m revenue? Ouch. This is in addition to the motes payable debts accrued. We won't see a profitable company here for quote some time with expenses like this. Who's making these deals?!?!?!

On October 1, 2022, the Company committed to paying life insurance with the sellers of the membership interest in Innovative Network Designs LLC. The total amount of the liability was $3,150,000 to be paid in equal installments of $450,000 over seven years. The current portion due is $382,500 and the non-current portion due is $2,700,000, as of December 31, 2022.