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Re: Quicksilver1 post# 3295

Monday, 07/28/2008 9:43:25 AM

Monday, July 28, 2008 9:43:25 AM

Post# of 41474
tell that to these guys that mikie never paid

Current notes payable at December 31, 2006 and 2005, respectively, consisted of the following:


Description 2006 2005
Note payable to former winner - which represent notes entered into with winners of the 2001 World Golf League National Tournament with aggregate original principal in the amount of $300,000; bearing interest at 5% per annum. The amounts are in default and due on demand. $274,081 $281,081



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