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rakindjo

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rakindjo

Re: rwandrw post# 542

Monday, 06/08/2015 11:06:46 PM

Monday, June 08, 2015 11:06:46 PM

Post# of 2444
OMG!!!!LATEST NEWS EVERYONE! Moller to pay $300K:

Hey Guys, look at MLER's latest 10Q. It states that Moller needs to pay some$$$ to somebody!!! :(:

The liability, Judgement Liability, is related to a legal settlement that was recorded as a note payable in the three months ended March 31, 2015. The estimated liability related to this judgement was previously included, in the amount of $345,000, in accrued liabilities in prior quarters. MI agreed to pay the judgement principal ($300,000) in monthly installments of ($5,000), plus interest.

Oh no!
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