Sorry for this, JB has to pay claims, but a bigger problem is the notes due.
On September 15, 2017, we received proceeds of $40,000 payable On September 15, 2018.
On October 18, 2017, we received proceeds of $48,000, payable On October 18, 2018.
On November 22, 2017, we received proceeds of $48,000, payable On November 22, 2018.
On December 21, 2017, we received proceeds of $48,000, payable On December 21, 2018.
On January 25, 2018, we received proceeds of $48,000, payable On January 25, 2019
All in annual report for year ending Jan 2018.
So there are records of this type of financing each month in 2018.
It can only get uglier without a deal.
