RE: Form 7 Loan to AUSAMuffleinski, good work! This is probably why Terry Booth is in no hurry to produce financial statements. At some point AUSA will owe so much to LOLA, Terry will take it privately.
To your posting, I have pasted the CSA Filings for members to see as follows:
Item 15. During May the Issuer borrowed $6,000 under its loan agreement with LOLA, a company controlled by the CEO Terrence Booth. AUSA made $0.00 to LOLA. The total due under the LOLA loan is $10,365,332 including interest and fees.
Item 15. During June 2024 the Issuer borrowed $2,000 under its loan agreement with LOLA, a company controlled by the CEO Terrence Booth. AUSA made $0.00 to LOLA. The total due under the LOLA loan is $10,532,057 including interest and fees.
Item 15. During July 2024 the Issuer borrowed $1,800 under its loan agreement with LOLA, a company controlled by the CEO Terrence Booth. AUSA made $0.00 to LOLA. The total due under the LOLA loan is $11,151,844 including interest and fees.
Definitely loan shark rates and fees!!!