News Focus
News Focus
icon url

MiltonTonic

05/04/23 11:47 PM

#56571 RE: longmike2 #56570

NOTE 9 - LONG-TERM DEBT As of September 30, 2022 and December 31, 2021, the company held the following debit: Note to an entity, interest at 6.0%,due in monthly installments of $38,687including interest, secured by 4,930,543$ -$ real property, due in 2039Note to an individual, interest at 6%,due in monthly installments of $4,530including interest, secured by land, due in 20226,152
https://www.otcmarkets.com/otcapi/company/financial-report/352632/content
There is more to investing than cheering on about sexy shrimp foldouts on a twitter page. Don't worry, in 16 more years the land could be paid off.
Too bad, it will take all the profit from shareholders to pay for the land.
Thoughts?