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Re: fazoolius post# 34587

Thursday, 03/13/2008 5:01:02 PM

Thursday, March 13, 2008 5:01:02 PM

Post# of 44848
Did you take this into account?

"• Subsequent event: On 12/31/2007 the Company was disputing its liability for 3 promissory notes with principal and accrued interest of $225,000. The Company has since been released from any liability and obligation regarding these notes
The 3/31/2008 financial statements will reflect a reduction in liabilities of $225,000 ."