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allenc

01/17/17 8:25 PM

#16197 RE: ChuckBits #16187

That was a good catch sir. I overlooked the $20K increase in assets and why I sucked at accounting.

SVTE
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Den

01/18/17 8:49 AM

#16200 RE: ChuckBits #16187

thnx Chuck

Based on the balance sheet in the Q, they paid an additional $20k toward the acquisition. "Other Assets" went from $40k to $60k.

They also provided some details regarding cash that went to the queasy promissory note.

So they only left out some "minor details", like why the delay, reassurance it will close, the actual cost, stuff like that...