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Re: Quanchi post# 67201

Sunday, 05/25/2014 8:11:12 PM

Sunday, May 25, 2014 8:11:12 PM

Post# of 163725
The result of the Order and Stipulation is that a total of $2,377,000 in accounts payable and accrued expenses owed by the Company to a certain party, which was purchased by Ironridge, was satisfied by the issuance of shares of Common Stock

Doesn't that statement pretty much sum it up?