Not if I’m reading it correctly...
it sounds as if there’s now $2mil in debt and doubled the share structure...
$648,000 to North ridge
$1,455,000 to CF3 (which was supposed to pay off the Northridge debt)
Doubled the A/S to 20bil
And another 400,000,000 shares to a vender...
Yet has the gall to add: “We are currently raising capital to buy down and pay off the debt owed to our 3(a)10 debt holders, then continue our share repurchase to reduce the outstanding shares. “