RE:As for who the debt was owed, and the group that forgave itGamble it obviously went over your head. I will keep it simple so even you can I understand. I have both managed company's and been on a board of directors. If a supplier or service provider came to me as managent and said hey you know that payable you have not paid forget about it we are forgiving it. I would say great thanks. At the next board meet it would be included in my management report but it would not require a board approval. In order to need a board vote there would likely to be some quid pro quo. Just one man's opinion.