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Sunday, 08/22/2010 9:09:04 PM

Sunday, August 22, 2010 9:09:04 PM

Post# of 44212
Has anyone read this?? possible Bankruptcy outlined in the 10-Q

We have temporarily suspended publication of Poker Life Magazine and presently are earning no revenue. Before resuming publication we require additional financing and arrangements for the settlement of our debts. We have begun negotiations with our current creditors for the settlement of the amounts owed them. Such negotiations are continuing and we are unable to predict the outcome of these negotiations. In the event we are not successful in settling our liabilities, the Company may be forced to reorganize under the provisions of Chapter 11 of the Bankruptcy Code.

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