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Re: None

Friday, 07/29/2011 7:24:53 PM

Friday, July 29, 2011 7:24:53 PM

Post# of 212276
I did contact Nadine today at around 1:30 pst and asked if she knew if they received the written up copy of the addendum to the APA. She said she didn't know because Paul & Ben weren't in today. She said that it was to be sent by e-mail. She said she was hopeful though she did say that Sam's lawyer had been in China and wasn't sure if that had any effect on it's delivery. She said they could get it today, tomorrow, maybe Monday.

She also said that after the agreement is fully completed by both parties they will go back in and have the bankruptcy dismissed. Then she said after that they would make a formal press announcement by wire.

I am receiving positive feedback from Nadine. She is reinforcing our understanding of what is happening and clarifying some for us.

So bottom line here is:

1) Sam & xmdc are talking. This is evident by Nadine's responses.
2) E-mailing the draft from Sam to Paul. That is good because it means any changes can be e-mailed back to Sam if necessary quickly.
3) I was able to clarify that Sam's attorney was the one writing up the agreement as settled upon. That means this is the first draft coming back to Paul.

If the copy comes back to Paul with no changes necessary, signatures could finalize the document. We need to be patient. This is not like mailing out a postcard.

Hope this finds everyone with a smile on their face because it shouldn't be long now!