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Re: SHEEPWOLF post# 237

Tuesday, 07/12/2011 2:36:22 PM

Tuesday, July 12, 2011 2:36:22 PM

Post# of 12370

As of June 17, 2011, the aggregate balance of principal and accrued and unpaid interest under the 2006, 2007 and 2008 senior notes was approximately $11,420,551.

The company, shell or not, can never have any assets until more than $11 million in debt is paid off.

It would be worthless as a shell.



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