Replies to post #12909 on Deltron Inc (DTRO)

[EarnestDD]

WRONG ... here is the Total Liabilities from the Audited Balance Sheet and the link to the Audited Financials filed by DTRO.

The Convertible Note Debt is clearly part of TOTAL LIABILITIES.
lmao
jmo

Total liabilities at 9/30/11 were $12.38 Million.

Current liabilities
Line of credit $ 100,000
Bank overdraft 30,002
Accounts payable 241,929
Accrued expenses 155,925
Income taxes payable - 1,600
Accrued expenses - related parties 329,000
Accrued interest - related parties 111,809
Derivative liability 7,159,130
Convertible notes 3,165,741
Convertible notes - related parties, net of note discount of $79,333 - 96,167
Current portion of long term debt - related party 489,082
Total Current Liabilities 11,782,618
Notes payable - related party, net of current portion 606,028
Total Liabilities 12,388,646

http://www.otcmarkets.com/edgar/GetFilingPdf?FilingID=8338148