WhereDaily News: Attitude Drinks, Inc. Files Audited Annual Report for Year Ending March 31, 2015 With Subsequent Events Reflecting Liability Reductions of $10,052,591
NORTH PALM BEACH, FL--(Marketwired - Sep 29, 2015) - Attitude Drinks, Inc. (OTCBB: ATTD): Harrison, Vickers & Waterman, Inc. (OTCBB: HVCW) Today Attitude Drinks, Inc. filed its annual report for fiscal year ending March 31, 2015. The report's subsequent events reflect a meaningful corporate restructuring, which results in overall liability reductions of $10.1 million. The restructuring that occurred after the reporting period includes a reduction of overall notes and loans payable of $5,079,480, total salaries payable were reduced by $3,546,669, reduced accrued interest totaling $1,288,483 and accounts payable by $137,959. Total p/l gains for the company pursuant to the restructuring amounts to $5,834,709. The above figures will be reported in the Forms 10-Q for June 30, 2015 and September 30, 2015.