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Big Casino 1518

08/14/14 3:15 PM

#27678 RE: Big Casino 1518 #27677

The $838,000 (not $720,000 yahoo listed) in liabilities from the most recent 10-Q:

CURRENT LIABILITIES:
Accounts payable $ 66,000
Accrued expenses 23,000
Unearned revenue 69,000
Related party payables 680,000
TOTAL CURRENT LIABILITIES 838,000

I believe a good chunk of the "Related party payables" are back pay for Carl from previous years that he is still owed. It was noted in the 10-K that he is still owed quite a sum for "services" or he can be paid in shares of VSPC.