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Posted On: 05/01/2020 10:52:14 PM
Post# of 82676
SFOR paying off debt?!:
“Subsequent to December 31, 2019, the Company issued two secured promissory notes with two unrelated parties aggregating $206,851, bearing interest at 8% to 35% per annum, and maturing in three to five months through July 2020. Subsequent to December 31, 2019, the Company repaid principal of $132,384 and accrued interest of $49,249, for a total of $181,633, towards the balance of six open notes payable.”
“Subsequent to December 31, 2019, the Company issued two secured promissory notes with two unrelated parties aggregating $206,851, bearing interest at 8% to 35% per annum, and maturing in three to five months through July 2020. Subsequent to December 31, 2019, the Company repaid principal of $132,384 and accrued interest of $49,249, for a total of $181,633, towards the balance of six open notes payable.”
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My comments are only my opinion and are not to be used for investment advice. Please conduct your own due diligence before choosing to buy or sell any investment.
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