Saturday, October 02, 2010 8:07:30 AM
As a condition to the Merger, we agreed with Cardiff Partners to accept 1,502,126 shares ($0.175 per share) as payment in full for accrued compensation owed to them for administrative and financial services performed through the date of the Merger. We issued those shares to three principals of Cardiff Partners.
1,502,126 X .31 = $465,659.06 = Nice Payday
I am only expressing my personal opinions or repeating public information from SEC filings or media outlets-which may or may not be correct. Do your own investigating before investing!
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