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Tuesday, September 01, 2015 4:26:30 PM
AS OF THESE CONVERSION TRANSACTIONS - THERE EXISTS ONLY ONE MORE AGING NOTE (which is for a modest sum of $25,000 and which HHSE plans to pay off in cash before it's maturation in October). As for the remaining balance due to TCA ($156,000), HHSE is working to create a mechanism for the accelleration of receivables from NETFLIX licenses - in order to pay off TCA in CASH rather than carrying the painful burden of them forcing a share conversion. It is not necessary to email or call Shefte and Parkinson to express shareholder disatisfaction for these transactions; the officers share this sentiment and fought to stop these from occurring.
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