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Post# of 4848
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duderino

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duderino

Re: emuf post# 1454

Friday, 01/14/2011 9:27:16 AM

Friday, January 14, 2011 9:27:16 AM

Post# of 4848
its the other way around... brownies stiffed us for $39k during the transaction... anyways it ain't much...

"The Company became aware the sellers of Brownies failed to disclose in the Asset Purchase Agreement two additional liabilities; which included an outstanding invoice of $21,000 for required cleanup in Orange County, Florida, and $18,000 of unpaid personal property taxes. The Company is investigating if there are any additional undisclosed liabilities in the acquisition of Brownies and has sought legal counsel to determine the next course of action."

http://www.sec.gov/Archives/edgar/data/1443818/000082357910000336/freedom10q11222010.htm

page 28

the dude abides

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