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Re: lady glueck post# 4035

Monday, 03/19/2012 9:52:45 AM

Monday, March 19, 2012 9:52:45 AM

Post# of 5310
I have added another 340k at $0.0022 on CYNX
Stock price should be between $0.0060 and $0.01 very soon!

$1.2M Cash payment due by the end of the month...
"As of September 30, 2011, the company and 5BARz entered into an addendum to the Asset Purchase Agreement which provided for the payment of the balance due of $1,200,651 on or before March 31, 2012.

There is no assurance that the Company will receive the entire amount of funding provided in the Line of Credit Agreement or the Asset Purchase Agreement. As of December 31, 2011, no units had been sold through 5Barz; consequently, the Company had not received any of the licensing fees under this agreement. However, on July 14, 5BARz announced that it had received a Purchase Order for 16,000 units, most of which are now expected to be delivered within the 2012 calendar year with payment to be received by 5BARz within 90 days thereafter. The transaction has been delayed awaiting approval of COFETEL, The Federal Telecommunications Commission; Mexico’s equivalent to the US FCC."

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