News Focus
News Focus
Followers 68
Posts 9909
Boards Moderated 0
Alias Born 07/29/2007

Re: ARBOR62geez post# 15189

Thursday, 08/20/2015 5:47:32 PM

Thursday, August 20, 2015 5:47:32 PM

Post# of 30170
Yes and they have convertible debt of $1,000,000 and the judgements that were on the books (10-k) at the end of last year are still there? Likely all being paid down with shares.

Item 1. Legal Proceedings.

"As of June 30, 2015 we remained a party to certain judgments and legal actions related to failure to pay outstanding invoices on Accounts Payable, which is included in our financial statements as Accounts Payable and Notes Payable. We continue to work with these vendors to negotiate and settle these debts, based on available cash resources."

Please help save the earth. It's our only source of chocolate.

Discover What Traders Are Watching

Explore small cap ideas before they hit the headlines.

Join Today