Could anyone please clarify for me following things? I have just started to learn about startup capital.
1. Since company is now closed down what happens to Investor's money ? Do they just loose all or do owners have to return it ? ( sorry if this seems pretty noob but I would like to know it )
2. What does 1 year maturity mean in convertible notes ?
3. Shouldn't the Net Operating Income be negative ? Since they had income of $280696 and Expense were $2,665,192.34 ?
Did they count investor's money as income ? or how did they arrive at $2,384,224.67 ?
Thank you for the reply.