Thursday, February 10, 2011 3:31:10 PM
Just like yesterday he stated the company only has $325,000 of debt but we know they have over 1 million in notes outstanding at this time, THAT IS DEBT. The have no means of generating revenue and they can no longer sell shares to raise capital so how do you think they are going to keep paying these notes when they come due?
They have no base of operations, a mail box, a supposed overseas COB/President running the company, and a bunch of old employees including a previous officer that was implicated in embezzlement employed by them to finish the 3rd and 4th quarter reports that appear to be done by a first grader and then reviewed by an idiot who signed them… Oh you mean it is not January of 2010?????? Just a billion dollars raised with a 504 and the company is in debt????? AWESOME!!!!
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