Ann: Cleansing Notice - Convertible Note, page-4

  1. 2,734 Posts.
    lightbulb Created with Sketch. 1119
    The biggest laugh is they have had $3,000 Batteries delivered (being the $1 million issue of shares for Soluna Batteries which is treated as Prepayments.

    So they can update the Balance Sheet for deliver of a Battery or two for $3 k but can't write off $230,000 of Younami expenditure capitalised when they decided to not exercise the option on 27 Sept 2019

    Tricky
    Last edited by homeales: 19/12/19
 
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