EX1A-4 SUBS AGMT 6 crgh_ex4.htm EXPLANATION OF CHANGES TO SHAREHOLDERS EQUITY Chantel Ray.xlsx

 

 

 

 

 

 

 

November 24, 2020

 

 

 

RE: CR Global Holdings, Inc. 2600 Barrett Street Virginia Beach, VA 23452

 

Narrative for change in equity

 

 

Change in Equity 12/2018‐6/2019 was $681,587

 

Net business income

 

 

$423,433

Close out equity accounts to Retained Earnings

$258,154

Total

$681,587

 

Change in Equity 7/2019‐12/2019 $145,342

 

Net business income

$167,814

Shareholder distribution from earnings

‐$22,472

Total

$145,342

Change in Equity 1/2020‐6/2020 was ($813,840)

 

Net business income

$230,845

Distributions and to close out the equity accounts

‐$280,630

Close out the equity accounts

‐$764,055

Total

‐$813,840