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Re: rrr1 post# 47698

Wednesday, 03/07/2012 8:19:58 AM

Wednesday, March 07, 2012 8:19:58 AM

Post# of 51973
For whatever value their 'current' accounts may have. As i believe for every past fiscal year, they restated it again months later, saying they 'forgot' some payments to the notorious (ex-) directors/consultants for a few 100.000$ worth. Still interested to read how they got out of the 'chalay contract' which stipulated monthly payments to them for over a year (a period still running now). No news about what happened with that . i suppose chalays can claim damages if the deal was legit on missed compensation, or either snrs suing them for not delivering on the terms agreed in those contracts (patents, product development,...)

It seems literally everything related to this company literally dried up in a matter of days. And this right in that period when sec was cracking down hard on pinks. A coincidence ? Perhaps. But it stinks. 5 months worth of prs and enormous promises, followed by a 7 months of 'ta said someone called them to ask the books'.