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View Full Version : Ed Dale's *New* Challenge Will Take More Than 30 Days..



JustTooMuchTime
04-18-2013, 01:08 PM
Another great post at the SaltyDroid...


"As of June 30, 2011, the Company has a working capital deficit of approximately $1,644,000 and has accumulated losses of approximately $2,768,000 since its inception. Its ability to continue as a going concern is dependent upon the ability of the Company to obtain the necessary financing to meet its obligations and pay its liabilities arising from normal business operations when they come due and upon attaining profitable operations."


"ED DALE’S SUCCESS IS NOT TYPICAL.

Or is it?

A recent 30DC filing (http://saltydroid.info/wp-content/uploads/2013/04/Thirty-Day-Challenge-8K-bankrupt.pdf) had an interesting disclosure …

In January 31, 2013, Mr. Edward Wells Dale, the Board Chairman, President and Chief Executive Officer of 30DC, Inc. (“the Company”) was adjudicated in personal bankruptcy in Australia resulting from claims of personal creditors, which is the equivalent of involuntary bankruptcy in the United States."

More...

» Ed Dale :: 30 Day to Bankruptcy Challenge (http://saltydroid.info/ed-dale-30-day-challenge/)