Replies to post #89387 on CBA Florida Inc. (fka CBAI)

[ht1]

Looks like a growth company, are they gonna try to list on NASDAQ.

[Arnold25764]

Wow this is a really great financial report! GO CBAI!!! IMO

[Myth]

You missed a very important part.

Note 16. Subsequent Events

Outstanding Shares and Note Repayment

Subsequent to year-end the Company issued 247,957,775 shares resulting in an outstanding share amount of 624,192,183 shares with 890,000,000 authorized. Of those shares issued subsequent to year end, 116,107,906 shares were issued to Tangiers Investors, LP, for repayment of Notes Payable in the amount of $183,640 which includes both principal and interest. Notes with maturity dates of December 14, 2012, December 27, 2012, January 6, 2013, January 20, 2013 and January 27, 2013 were retired in full subsequent to year end, and there are no further debt obligations to Tangiers. The remaining 131,849,869 shares were issues to St. George Investments in the amount of $183,210, including principal and interest leaving an unpaid balance on the note to $646,322.