Positron Corporation (POSC)

[crammerfool]

I am curious to see sometime if the company sold some of their shares in order to pay the note off referenced in section 8. Notes Payable. They paid it off just before the stock took it's nose dive.

8. Notes Payable

Notes payable at March 31, 2010 includes $540,000 due the former owners of Dose Shield as partial payment for the acquisition made by the Company in June 2008. The note, which was originally due on December 31, 2008, has been extended for one year with an interest rate of 8%. For the three months ended March 31, 2010, the Company recorded $43,000 interest expense for the note. The Company has paid the entire outstanding balance of the note payable on May 4, 2010.