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Re: MasterBlastr post# 16028

Tuesday, 04/26/2016 11:27:52 PM

Tuesday, April 26, 2016 11:27:52 PM

Post# of 38496
The Plan will be funded by the following:
Payroll Funding Co. will be the plan sponsor and will put up $25,000.00 in new capital contribution and reduce the interest rate on its secured note from 12% to 6% in return for 100% of shares of stock of the Debtor.
2. Post-Confirmation Management.
Payroll Funding Co. shall manage the Debtor’s operations.
3. Disbursing Agent
Payroll Funding Co. (“Disbursing Agent”) shall act as the disbursing agent for the purpos.
Ha so I guess when they receive the debtors stock they will extinguish their shares also sounds really good or they could take those shares and run it ha bring your game some where else the commons are not being touched and this will run
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