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Re: buy2sell post# 5604

Thursday, 05/01/2014 10:33:15 AM

Thursday, May 01, 2014 10:33:15 AM

Post# of 25333
"....creating a real asset value that is substantially higher than officially posted...." - LOL - don't believe our financials, the asset is worth more than what we are saying....

Regarding the Monetizer 101 - from the latest financials, it states that they purchased the distribution rights from Wazzamba SA for $300k, payable over three $100k installments. The Company stated it made an initial payment of $25k, and that the remaining $75k is past due. The next $100k installment is due on July 1. With zero funds in the bank (actually it is negative with a $58 bank overdraft), it is presumed that the company will need to issue more convertible debt to pay the remaining $75k past due to ensure it does not stay in breach of contract. Does anyone know the status of making these required payments so that we can bank on the revenue whenever this thing is launched (promised to have been delivered in March)?

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