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BuddyWhazhizname

09/04/18 12:35 PM

#27664 RE: bobbyknobb #27659

But notice that the debts to Schoell Marine and the "officers" are all current, and were significantly reduced this year, while all the debts to outsiders are in default.

And,

"For the six months ended June 30, 2018, cash increased by $29,742. Funds were provided by $249,500 in proceeds from the series A preferred stock subscription"

This is what they've gotten out of the $5 million from the Secret Investor they announced early this year. Property, equipment and inventory have not increased by one dollar, so what cash they have gotten has not gone into prototype engines or test equipment.

Typical.

And they still haven't filed that contract with the SEC as they are required to do with such material information.