Michelex Corp (fka MLXO)

[VST7]

There is a Filing from several months ago about a Loan from Commander Capital for Convertible Debentures, but all this was going to amount to was a restructuring of the loan Michelex already had with Cornell Capital, I would assume that because of the SEC Investigation and most likely a cease and desist order from the SEC served on Cornell that they tried to use one of their Offshore Hedges since their hands were tied here, but the Company has found Financing eslewhere and a much better deal too than Cornell would ever offer.