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Monday, 02/19/2007 12:14:46 AM

Monday, February 19, 2007 12:14:46 AM

Post# of 162847
I was reading the definitive 14A posted this last week and have found an error and I have to take issue with FCCN's summary financial statements included in the definitive 14A filed this past week.
The total liabilities are disclosed as being $187,932 as at 12/31/06.
And yet when they talk of the Conv Deb at the date of filing of the 14A (Feb 07) its balance is $199,541.
Total liabilities should include the convertible debenture but obviously something is wrong because the C/D is more than the total liabilities and the C/D has been drawn down by about $20,000 over the past few months.
Something is wrong.
imo

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