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Hibye

05/23/15 8:26 AM

#212029 RE: PennyStalker #212028

basically that amount is the paid in capital but it's a listed as a liability because a deal was been reached as of that date (3/31) to buy all the shares for 150m myecheck shares. See consolidate balance sheet in link below


http://www.sec.gov/Archives/edgar/data/1619558/000114420415032740/v411299_ex10-26.htm