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Monday, March 18, 2013 5:30:23 PM
To answer your question: I don't know... My guess is Mark used much of the funds to pay down debt and pay for operational/employee/etc. expenses. I just go on what I get through the companies' reports. I do know that white space is on the 'high end' of low budget film making and so is the skin trade.
What do you make of the following? Does it help explain where some of the shareholders' money went? If so, how do you think so?
Q4 2010: Total Stockholders' Deficit of <$272,062>.
Q3 2011: Total Stockholders' Equity of $115,485.
Q3 2012: Total Stockholders' Equity $2,527,252.
Q4 2010 total liabilities was $875,640.
Q3 2011 total liabilities was $1,435,900.
Q3 2012 total liabilities was $713,998.
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