On April 1, 2025, the $750,000 outstanding to BRU was paid.
On April 4, 2025, the Company repaid the related party note payable with Sartorii plus accrued interest in the amount of $366,149.
On April 23, 2025, the Company repaid all amounts owed under notes with a related party whose trustee is related to the former CEO of the Company. --------------------------- The valuation redo given this:
In June 2025, the Company exchanged 6,000 shares of Series C Preferred Stock for approximately 64.7% of the units the Company holds in WSCG Holdco. The Company recorded a loss of $11,000,000 on this transaction.
Additionally in June, 2025, the Company granted BRU approximately 9.5% of its holdings in HoldCo as part of their settlement with them. The Company recorded a loss of $1,625,723 on this transaction.
So it is less than 27% by a mile - The Company agreed that WSCG would not contribute any real estate assets and WSCG would be solely a technology company in exchange for a larger percentage of WSCG owned by the Company through HoldCo.
So where did they get the cash to pay off the judgement that was issued on May 14th 2025?...or for their payment plan. That is why I said "maye/maybe not" see a loan to Ybyra on next quarterly.
If you see a loan....then such is the solid nail in the Coffin
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