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Re: None

Thursday, 07/12/2007 9:59:40 AM

Thursday, July 12, 2007 9:59:40 AM

Post# of 114954
NEW DD: PNMS vs desimplex...

In the last Q report, we can read that PNMS inversted 5.4 million dollars into desimplex and that they own 20% of desimplex.

The truth however is slightly different: today, desimplex hasn't received a single dollar from PNMS. They had an oral deal where PNMS was going to pay 240K USD per month to desimplex. PNMS has never paid however.
Now, PNMS is trying to convince desimplex to take shares instead (0.5 billion shares, in PDR).
People at desimplex are getting tired of not being paid. That is one of the reasons why no bugs are fixed on the PDRexchange.
Today, PNMS has still 0% of desimplex shares.
Also, desimplex still has all rights on the software. If the situation doesn't change soon, they may decide to take the PDRexchange software back.

I can not tell you who my source is, but this comms directly from desimplex's management. I know at least one poster here can confirm my source is reliable.
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