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Re: None

Monday, 07/14/2008 11:46:14 AM

Monday, July 14, 2008 11:46:14 AM

Post# of 157299
In case anyone else has been wondering, Rob Bleckman has explained the lack of an 8K on Sanswire-TAO.

Hi Rob,

Would you be kind enough to explain why there has been no 8K on the Sanswire-TAO agreement?

Is it not yet consumated, pending additional payments from us?

TIA

XXXXX XXXXXX




Hi XXXXX,

I haven't heard from you in a while!

The news was included in the 10k under Note 21 Subsequent Events.
Ordinarily, for a company that is in compliance, the 8k would have been used
in absence of an imminent quarterly or annual filing. Of course this 10k
filing was delayed but since we are not compliant until we're current on all
our financials anyway, an 8k would have not been absolutely necessary here.
There are future payments to TAO that must be made, but for all intents and
purposes, this agreement has been consummated.

Thanks,
Rob




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