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Re: brwtrpilot post# 3179

Monday, 11/15/2010 10:09:38 PM

Monday, November 15, 2010 10:09:38 PM

Post# of 9405
How will this impact the authorized!

Attonbitus has agreed to purchase the Convertible Notes (which originated 2006 through 2009) and presently remain on the Company's balance sheet. Upon closing, Attonbitus will extinguish the $12 million in debt and convert the value into a series of investments in various MSGI operating subsidiaries. MSGI and Attonbitus are also negotiating an additional investment to meet the working capital demands of the Company enabling it to complete the development cycle and immediately begin the commercialization process of various new breakthrough products.

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