Tonner One World Holdings Inc (TONR)

[Voices of Reason]

With this latest lawsuit, what is perplexing to me is that on Sept. 24, the Company announced an $800,000 private equity partnership with Blackbridge Capital, with Ms. Melton exclaiming:

"By the end of the 3rd quarter we will have consolidated and eliminated several of our most expensive institutional and private convertible notes totaling over $415,000. The purpose of this initiative is to phase out at least 50% of the total company debt by the end of 2014" - http://finance.yahoo.com/news/one-world-doll-project-announces-130311461.html

A short three weeks later, on October 15, Ms. Melton signs a settlement agreement with Darling to get rid of their debt at a pretty decent discount ($45k). Surely she would not have signed this deal without knowing she had a big chunk of money from the Blackbridge deal for $800k was in hand? If the Blackbridge deal had fallen apart after the settlement agreement, wouldn't that event have also been mentioned in the latest quarterly report as a subsequent event? I say that because a later event (the Darling lawsuit) occurred much later (Nov. 4), yet there was no mention of the $800k deal showing up in the financials (either as a done deal or not) as a subsequent event. The whole thing smells a little fishy to me.