Thanks for info "H"....I think what RHL group did was called "Doing Business".....Good post!................................................................................... the Company paid the $200,000 Fee by granting 2,800,000 shares of common stock to The RHL Group to the value of $364,000 and recorded a loss on issuance of $164,000. The Fee was recorded as a deferred financing cost and is being amortized over the Third Amended Note maturity period. As of March 31, 2010 and December 31, 2009, the remaining unamortized origination fee was $0.
