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Tuesday, 05/17/2011 9:45:45 AM

Tuesday, May 17, 2011 9:45:45 AM

Post# of 77519
Be a while yet for termination of D financing!!....................................................................................................Our management intends to continue to utilize our available line of credit with The RHL Group (see Note 3), if necessary to address our uncertainty to continue as a going concern. At March 31, 2011, we had approximately $1,781,000 remaining as available under The RHL Group line of credit. Furthermore, we already began and........... !!plan to continue!!........... to utilize portions of our standby equity line facility with Dutchess Opportunity Fund, II, L.P. Additionally, we plan to continue to sell additional debt and equity securities, continue to settle our existing liabilities through issuance of equity securities, explore other debt financing arrangements, continue to increase our existing subscriber and affiliate customer base and sell MMRPro products to obtain additional cash flow over the next twelve months. We cannot assure you that funds from these sources will be available when needed or, if available, will be on terms favorable to us or to our stockholders. If we raise additional funds by issuing equity securities, the percentage ownership of our stockholders will be reduced, stockholders may experience additional dilution or such equity securities may provide for rights, preferences or privileges senior to those of the holders of our common stock.
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