* Real Estate Notes Payable
Due within One Year--record of the amount of principal on real estate loans that is due during the next year.
While increases in accounts and notes payable
will temporarily take the strain off cash flow, be aware that use of accounts payable can be a problem when revenues and profits begin to decline.
Mortgages differ from notes payable
in that the assets purchased are usually pledged as security against the debt.
Including the electricity, hosting and other direct operating costs, EBITDA from MGT's Bitcoin mining operations is projected at USD800,000 per month, prior to amortization of notes payable
The purchase price will be satisfied through USD4m in cash at closing, USD 19m in short-term notes payable
, plus USD 4m in payments deferred for 18 months.
GuestLogix will issue 164,000 common shares to a professional services firm in partial consideration for outstanding payables, and 75,000 shares in partial consideration of outstanding notes payable
related to the GuestLogix management buyout completed in 2005.
due within one year, Current Deferred Taxes, Real Estate
Karns recorded the $1.5 million advance as notes payable
and treated it as a loan.
In addition interWAVE has issued an additional 1.5m shares and paid approximately USD7.2m in cash for the retirement of assumed notes payable
The understanding with Durkan and its shareholders provides for Mohawk to issue approximately 3.2 million shares of its common stock to Durkan shareholders in exchange for all the outstanding capital stock of Durkan and its affiliate, as well as certain notes payable
to Durkan family members pursuant to a merger agreement.
No adjustment is made for cash and marketable securities, nor is one made for notes payable
and current maturities of tong-term debt.