I said "likely" and that does not require proof and is non sequitur! Barton Budman, CPA, could also have discovered the lack of proof of debt so I said "likely".
SIRG's 10Q shows that they made two demands on Brian Hebb to prove that the debt was legitimate. He failed to respond thus SIRG was allowed to cancel the debt.
Brian Hebb was involved in the shell prior to its purchase by SIRG back in 2009 and it was possible he just stuck a note in the deal.
This is done a lot on pinkie stocks where there are notes but no way to know who holds the debt or what it is for. Often an officer just sticks in a note to him but it reamins hidden!
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