PowerLinx Inc (PWNX)

[Francois+Goelo]

UB, McBride has NOT backed off getting 10 million...

shares of SEVU for peanuts... The only impediment he has now, is to find cash to buy it with, as I believe he fully intended to borrow from the Cash in the Kitty to complete the purchase...

At the end of June, he still owed:......$325,000

Plus return of what he owed cash:....$277,000

Plus interests on the 6 Q's Loans: ± $100,000

Grand Total:...................................± $702,000

$702,000 is what he's going to have to PAY SEVU in the near term, which should see the company through till the end of the year, WITHOUT any PP...

JMHO, F. Goelo + + +