Well, at least they're timely in their reporting of these events, NOT.
That the Company would pay La Jolla two hundred ninety thousand dollars ($290,000) as follows: one hundred fifty thousand dollars ($150,000) on December 19, 2014, and the remaining balance of one hundred forty thousand dollars ($140,000) to be paid in equal monthly payments of twenty thousand dollars ($20,000) on the 19th of the month, commencing on January 19, 2015 and ending July 19, 2015;
· That if any payment is not paid within ten (10) days following a notice of default given to the Company’s counsel by La Jolla, La Jolla is entitled to a judgment in the amount of three hundred ninety thousand dollars ($390,000);
Apparently they already paid $150K. Or not.??