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bbhuey

06/17/18 12:52 PM

#31710 RE: CorruptionFighter #31688

Looking at the stock transfers before the end of March 2018 that totalled over 400 Mshares at below market prices. I did not see the cash
End up as an asset on the Balance sheet.

Instead found $7M of current liabilities as being derivative liabilities atteibutable to the conversions of debt to stock.

On the Income statement Isee as another expENSE we need a deduction of $7M
for derivative liabilities being deducted and resulting in a loss.

Can anyone explain why this still shows up as a current liability if it has been expensed as a loss