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Re: jsthefacts post# 2676

Wednesday, 08/25/2010 10:20:39 AM

Wednesday, August 25, 2010 10:20:39 AM

Post# of 2794
No link. Can only go by the letter that I received as a Scientigo note holder who signed away find.com to Generation Zero in exchange for a re-structured Generation Zero note. Got paid a sliver of principal before the closing, but have not received a second payment as promised, (was supposed to occur thirty days after find.com closing).

I was told by a member of the advisory board for Gen Zero, that the company had not raised sufficient capital in order to make the second principal payment, (this amount totals $250,000).

My concern is that by not making this payment on time, it suggests that the company is hurting for capital. The money certainly will not come from beach.org ad profits. Hopefully, they will find some suckers pretty soon, and get me paid.

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