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loanranger

07/23/16 8:34 AM

#293511 RE: loanranger #293510

BTW, the underlined portion of the previous post was copied and pasted correctly, however the company screwed up the 8-K itself (World Class CFO!!! strikes again).

The 8-K said, as noted, "The Company will remain liable for unpaid rent of approximately $49,180, covering the period from May 2016 to October 2016."

The SURRENDER OF LEASE, which the 8-K was supposed to have been reporting, said "Tenant has vacated the Premises and Landlord has accepted the delivery of vacant possession but specifically continues to hold the Tenant responsible for Rent in arrears up to and including October 31, 2015, pursuant to the terms of the Lease".


The Frito Bandito forgot what year it was.

Eli's Gone

07/23/16 11:33 AM

#293514 RE: loanranger #293510

Your #'s work...one comment--as long as that debt is treated as aged (> 6 months), it can be converted at any time past that point if that was the agreement---so last week's PPS #'s would work as well along with an opinion letter to make the shares free tradeable...

the next filing would tell the story---unless it's an old PP person or "consultant" issued shares previously....