Quarterly report pursuant to Section 13 or 15(d)

12. Disputed Trade Payable

v3.20.1
12. Disputed Trade Payable
3 Months Ended
Mar. 31, 2020
Reload Warrants [Member]  
Disputed Trade Payable

Note 12: Disputed Trade Payable

 

As part of the merger in 2013, the Company assumed certain liabilities from a previous member of A Squared which has claimed certain liabilities totaling $925,000. The Company disputes the basis for this liability. As of December 31, 2017, the Company believes that the statute of limitations applicable to the assertion of any legal claim relating to the collection of these liabilities has expired and therefore believes this liability is not owed.