MRNJ>>>note payable>>>interest at 24%>>weekly monitoring fee
MRNJ OTCMarkets PUBLISH DATE March 24, 2023 "On January 7, 2022, the Company issued a note payable in the amount of $6,000, with an original issue discount of $1,000, for net proceeds of $5,000. The note bears interest at 24% and is due on February 18, 2022. Payments on the loan are due in weekly principal payments of $1,000 plus interest. In addition, the Company is paying a weekly monitoring fee of $500. The net balance of the note at December 31, 2022 is $6,000."
"On February 7, 2022, the Company issued a note payable in the amount of $2,500, with an original issue discount of $500, for net proceeds of $2,000. The note bears interest at 24% and is due on March 21, 2022. The loan is payable at maturity. In addition, the Company is paying a weekly monitoring fee of $400. The net balance of the note at December 31, 2022 is $2,500."
"On February 3, 2022, the Company issued a note payable in the amount of $2,500. The note bears interest at 24% and is due on March 17, 2022. The loan is payable at maturity. In addition, the Company is paying a weekly monitoring fee of $400. The balance of the note at December 31, 2022 is $2,500."
"On April 20, 2022, the Company issued a note payable in the amount of $3,000. The note bears interest at 24% and is due on June 1, 2022. The loan is payable at maturity. In addition, the Company is paying a weekly monitoring fee of $400. The balance of the note at December 31, 2022 is $3,000." https://www.otcmarkets.com/otcapi/company/financial-report/362611/content