now please tell us again what exactly you meant when you specifically stated that scam company LWLG had ZERO Liabilities?
So Lightwave had $2,174,625 in the bank. AND PREPAID $337,631 (Prepaid means um, uh, oh yeah EXPENSES paid IN ADVANCE.)
What did they Owe at that time?
Accounts payable of $150,741
Current portion of equipment purchase $178,482
Accounts payable and accrued expenses - related parties $13,824
Accrued expenses $1,155
Total Liabilities $344,202 AND If you deduct what they paid in advance that’s $6,500 they needed to come up with, Wowsy Wow wow oh that’s right they have $2.1 Million in the bank to pay that $6,500, I’d say thats was ZERO.
Oh no I just received an Electric bill, it looks like I’ll have to adjust my Liabilities by $300, LOL.