Cobalis Corp. (fka CLSC)

[MPTIU82]

Clsc must have things worked out with Cornell or court hearing today would not have gone so favorably. Money still due Cornell but will be paid per a negotiated plan that includes money from revenue for Pre-Histin sales Q1 09.

Should see public announcement of manufaturing and distribution agreements if clsc is to survive and perform as per plan in court today. Announcements should be forthcoming if clsc has its act together, as soon as next week I would presume. Whether they really have their act together remains to be seen. They should have been selling product the past few years as primary endeavor and we would not be in this mess.

Lets hope clsc can negotiate a reduced payment level to Cornell and they are in fact really short this stock thru intermediaries and must cover that short position.

Can you spell squeeze?