Replies to post #2783 on ENDI Corp (ENDI)

[littlejohn]

OK, it says the note isn't due until March 31st,2012...LJ

NOTE 10 – NOTES PAYABLE


Notes payable at March 31, 2011 and December 31, 2010 consist of the following:

2011 2010
Non-interest bearing amount due on acquisition of USA Telephone. $ 900,615 $ 900,615

Non-interest bearing amount due on acquisition of NCISP 33,000 -

Totals 933,615 900,615
Less current portion (933,615 ) (900,615 )
Long-term portion $ - $ -




15
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SITESTAR CORPORATION
NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS
UNAUDITED


The future principal maturities of these notes are as follows:

Twelve months ending March 31, 2012 $ 933,615
Twelve months ending March 31, 2013 -
Twelve months ending March 31, 2014 -
Twelve months ending March 31, 2015 -
Twelve months ending March 31, 2016 -
Thereafter -
Total $ 933,615