Monday, October 12, 2009 3:19:52 PM
I would like to know what this "trading platform" is. We have been told this same thing since at least March.
"5. Investments
The company current has two investments:
(a) The Fight Network Global – the company owns a 14.8% interest in the company as of September 30, 2009. There has been no changes in the ownership percentage since September 30, 2009 to present.
(b) The company has made a significant investment in developing a trading platform in Asia, details will be disclosed as we get closer to commercial deployment. We expect to spend further resources on this project over the final six months of the fiscal year and into next year."
...and, Really? What's going on there again? Mayhem ready to pull a fast one again?:
"The Company has become aware of the investment in The Fight Network may have to be written down in the coming months as The Fight Network may be involved in a re-structuring of its business and as a result current shareholders may be diluted and/or their investment may become impaired and realization of it may not be feasible in the future."
DD
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