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Wednesday, October 27, 2010 8:39:41 AM
Actually no, it wouldn't appear that way.
From the actual PR on planet earth...
The company’s focus will now turn to debt reduction with other traditional banking sources as well as direct debt reduction to five (5) individual debt providers. These debts total approximately $247,000.
They are referring to debt the company owes. These individuals would be people like guy who they owe for "Bite back". Or the guy that they had a promissory note for $150,000 with.
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