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Re: therealliontamer post# 14076

Tuesday, 02/15/2011 9:36:55 AM

Tuesday, February 15, 2011 9:36:55 AM

Post# of 57066
IMO, you have to look at it this way. Right now FEEL is doing around let say 500k a year in revs. With this deal they are anticipating to quaduple their annual revs to 2 mil and become cash flow positive as they reduce operations costs. Now I'm guessing that the note could be payed off by 2013 when the note is due and if not then more dilution at that point, at least that's how I'm reading it. Correct me if i'm wrong.

GLTA..

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