Genie Gateway (fka GGWY)

[Pythia]

Has anyone read this? 6.4. Financings. This Exchange Agreement is based on a minimum financing of at least $3,000,000 and as much as $5,000,000, to be provided to WWAG on or before the closing. It is further agreed that at the closing $150,000 of the above financing will be transferred to the WWAG, Wells Fargo Operating account, 8388165162, for the pay down of existing WWAG accounts payable and accrued expenses. In the event a minimum of $3,000,000, in good funds, is not available for immediate distribution to WWAG, on or before the “Closing”, this agreement will become null and void, and AllCom is released from any and all obligations, known or unknown, provided in this Agreement.

http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=10426593