Bid has strengthened...0025, 0026 x 0028, 003{2}...looking to see how DOOFF is a related party...
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The purchase price for the assets was approximately $500,000, of which $25,000 was paid to us on December 13, 2006 as an option advance, and $25,000 was paid to us concurrently with the execution of the Asset Purchase Agreement . MVP also assumed certain of our liabilities. We have used the net proceeds from the sale of our assets to make payments on certain loans made to us by DOOFF, LLC, a related party.