I only count 14 notes in the 10Q that carry a balance. That's good news, but here comes the bad side of it. The default rate is 12 of the 14
Of those 14, 2 are brand new, 1 of the brand new 1s is a refinance of 3 that were in default, but 12 are still in default
according to the 10Q
1)
During the quarter ended October 31, 2015, the Company repaid $18,400 by issuing 184,000,000 shares of common stock. As of October 31, 2015, this note was in default.
17,320
2)
As of October 31, 2015, this note was in default. 72,027
3)
During the quarter ended October 31, 2015, the Company repaid $11,965 by issuing 119,660,000 shares of common stock. As of October 31, 2015, this note was in default.
56,706
4)
During the quarter ended October 31, 2015, the Company repaid $43,671 by issuing 87,456,860 shares of common stock. As of October 31, 2015, this note was in default.
31,329
5)
As of October 31, 2015, the Company was in default on this note. 472,568
6)
As of October 31, 2015, the Company was in default on this note. 68,000
7)
As of October 31, 2015, this note was in default. 705,946
8)
As of October 31, 2015, this note was in default. 233,707
9)
During the quarter ended October 31, 2015, the Company repaid $22,268 by issuing 643,389,194 shares of common stock. As of October 31, 2015, this note was in default.
3,462
10)
As of October 31, 2015, this note was in default. 500,000
11)
As of October 31, 2015, this note was in default. 800,000
12)
As of October 31, 2015, this note was in default. 100,000