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Re: Cee-It post# 93560

Thursday, 05/14/2015 12:01:24 PM

Thursday, May 14, 2015 12:01:24 PM

Post# of 129840
earnings only due to gain on derivative liability accounting of $775k, if you cut out all the non-cash items, operating loss was ($118k), which could be reduced by the $25k cash received from Ximen. The $50k worth of Ximen shares are restricted for 4 months from issuance. Dumping the Ximen shares received to date would destroy the share price of Ximen put the Brett agreement is serious jeporday, not that it already isn't.