I thought it was 25K and Pure spectrum was its own

I thought it was 25K and Pure spectrum was its own entity not owned by MNGG but owned by Yaterra Ventures (now ceased to exist) .. therefore Joel is the sole owner of both mngg and psru but the financial transactions would not be on the income statement of mngg

The way I understand it anyway (from my accounting courses and what I know)

No matter how stupid you feel, remember, Little Red Riding Hood couldn't figure out a talking wolf in drag wasn't her grandmother