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pitboss22

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pitboss22

Re: pitboss22 post# 457

Sunday, 07/17/2011 12:19:25 PM

Sunday, July 17, 2011 12:19:25 PM

Post# of 12370
I think bruce may need a little help here. Can ANYONE please copy and paste the portion of the 8k that says RPTN is now free of its liabilities?

Anyone?

I did see where it said, "On July 6, 2011, CCE provided the Company notice of default under the senior notes, declaring all amounts thereunder due and payable in full, and of CCE’s intent to exercise its rights and remedies against our assets, including possibly foreclosing on all of our assets. In addition to the intellectual property already exclusively licensed to CCE pursuant to the IP License described in Items 1.01 and 2.01 of this Current Report, such a foreclosure or other exercise of remedies would likely cover our remaining inventory and any and all other assets of the Company."

Anyone at all?

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