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Re: shaunk post# 2313

Wednesday, 06/16/2010 4:55:43 PM

Wednesday, June 16, 2010 4:55:43 PM

Post# of 2428
Hey shaunk I did some research on your post #2313 about the loans and how they could move the pps.I went to yahoo finace and looked at the historical prices of java detour and in my research I found
that on Feburary,24 2009 the company had goten a Securities Purchase, Loan and Security Agreement of a 1.1 Million dollar loan and the pps went from .04-.25! the next day on Feburary,25 2009.

That was just off of 1.1 million dollar loan there is as much as 7 Million in loans Pending with the 2 Million Senior Secured Bridge Loan.

The 5 Million S-1 Registration Loan thats probley why the company did the authorized share increase so they could issue shares as collateral and get the loans.
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