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Re: farviewhill post# 65547

Friday, 05/02/2014 11:50:24 AM

Friday, May 02, 2014 11:50:24 AM

Post# of 92948
Based purely on the facts available and not on wishes or trying to re-interpret the facts to fit what I want to believe, no, it is not behind us imho. As stated by ACTC, there has been a default.. BUT they say they are working on an amicable resolution. Perhaps they have already reached a resolution, perhaps it is part of something much much bigger, but until some clarifying facts are released by ACTC, we can only consider the facts available - the rest is speculation based on experience and indicators. The facts available are that ACTC have defaulted, and it has not been resolved as yet.

As I said in a response to Guy3 here
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=101453416
the longer this stretches out, the less likely (imho) that Chapter 11 is in the cards, or anything else as damaging.. there would have been further 'tells' by now, unless they've done a remarkably good job of keeping it under wraps.

I only hope Camofi are cooperating.. because they don't have to, and the 8K clearly states that IP is on the table now.

I continue to be concerned, but am buoyed by the pps support and by the lack of any further indicators of pending disaster.

Hope that answers your question sufficiently.

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