Post by
SIGG1 on Nov 06, 2024 8:34pm
Peter the crook
still owes us $230k! Pay your debt Pete the crook!!!
6. Promissory notes receivable (continued) In Q2 2023, Peter Tagliamonte repaid loan interest of $75,885 and repaid loan principal of $244,115 with loan principal of $216,507 remaining payable. To date, the remaining balance has not been repaid.
As at September 30, 2024, the Company recognized a carrying value of $230,601 with respect to these promissory notes (December 31, 2023: $228,080). Interest income of $2,521 was recognized for the nine months ended September 30, 2024 (nine months ended September 30, 2023: $15,658).
On top of this, Pete the crook is suing the company to try to get even more money out it, like if he didn't took enough from shareholders money while all those years he was CEO.
Peter Tagliamonte, a former officer and director of the Company initiated a legal action against Belo Sun in relation to a purported breach of contract related to his dismissal as an officer of the Company. Belo Sun intends to defend the matter vigorously and is confident in its position.
Enough is enough ! Sell your shares and pay your debt!!!