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Re: Ugo22 post# 25113

Tuesday, 06/24/2008 10:17:27 AM

Tuesday, June 24, 2008 10:17:27 AM

Post# of 41740
Dean did NOT say the largest shareholder was working with ONEV to get them to breakeven; you are INFERRING that from the comment that the funderS, plural, agreed to a credit line, but then you ignore the fact that the credit line, as I predicted, has turned into a prospective convertible debt mechanism.

As for the A/S breach, see the SEC filings which discuss that issue. Although it may not be yet a breach, it IS a default under the convertible debt instruments.
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