Replies to post #96 on Prestige Capital Corp (fka PGEC)

[lucky, mydog]

Commitments and Obligations



During the three months ended March 31, 2020, the Company borrowed $2,700 from a shareholder resulting in a notes payable – related party balance of $163,815 at March 31, 2020. These loans are due on demand and bear interest at the rate of 8%. Interest expense on the loans for the three months ended March 31, 2020 was $3,218, resulting in accrued interest of $39,864 at March 31, 2020.