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Saturday, January 14, 2012 5:25:14 PM
Now Hellenic received outright shares (no mention of restrictions, they may have well been selling since November 15)
while Wuersch received options to purchase shares.
I'd say Wuersch , as their attorneys, negotiated a good deal for themselves and whould recover far more than the original debt due them, even at .54 per share.
Although they did fail to make the cash payment in December to both parties, C'mon guys, go into petty cash and stay current. Revenues will take a while to catch up with expenses, they will need seed money until that occurs
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