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Re: mrsdoubtfire post# 14321

Sunday, 04/24/2011 12:03:42 PM

Sunday, April 24, 2011 12:03:42 PM

Post# of 32735
People should do some simple reseach - look at the last 10K filed. Here is what it states: "the Company has granted CGM-AST a secondary security interest in substantially all of its assets and intellectual property. If the Company is unable to fulfill its obligations pursuant to the Asset Purchase Agreement and the Note, there is a likelihood that CGM Security Solutions, Inc. can declare default and attempt to take back the asset."

ADSV owes Erik Hoffer $4.5 Million plus interest that they can't pay. If you were owed that money, would you not try and recover it, as per the agreement you have with ADSV?