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Monday, November 22, 2010 10:00:04 AM
My take is that legal briefings in September had a lot of talk about "The Cure" I did not know what that meant. They got Herbal Science somehow removed as a creditor, so not they can pay them before anybody else. Other wise all creditors have to get an equal percentage at once. Now, the Irgovel deal mentions that cash from that can go to Herbal Science.
So, now the word "Cure" might mean that getting HS the $1.5 mil we owe them that then frees up many deals and new products lying in wait and maybe even a big pharma licensing deal with up front money or such. Then that money "Cures" our debts to the other creditors.
I don't know how long all that takes. Hopefully with in days of signing the deal after it's OK'd by the court on Dec 10th or whenever.
Stone, I don't have those crackers in my area. I heard Safeway had them and I was recently in the Denver area and sad,, but the Safeway I was in did not have them.
GL ALL
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