Just enough time to transfer shrimp harvest cash to the insiders.
Golly, how will Thomas and crew collect salary for this year's blunderings?
As of September30, 2023,shareholders have loaned the Company approximately $1,523,236 which accrues interest at 12% per annual and are due December 31, 2023. Accrued interest of $373,717 and $12,368 as of September30, 2023 and September30, 2022 respectively has been recorded in accrued interest expense on the balance sheet.
Golly, no cash for investors, no cash for next year's crop, no cash for expansion.
Funny how that works out!
Thoughts?