THE STOCK ASYLUM

[Frzframe]

Samplescave, where'd ya go?


On CFUL, yesterday's 10ksb looks like dilution to pay back a note. Still 1.8 million to go yet (which just happens to be thier market cap right now). To wit:

Subsequent to the closing of the SPA transaction, the Company and UPDA mutually agreed to extend the due date for the payment of the $2,500,000 cash portion of the consideration described above. In connection with the agreement to extend the due date, the Company paid $150,000 in cash to UPDA and executed a promissory note payable that was due to be paid on June 18, 2007 to UPDA for $2,350,000. The note is now due and payable on demand and bears an interest rate of 5%. As of December 31, 2007, $1,800,000, plus interest, is due to be paid to UPDA.