Aluf Holdings Inc (AHIX)

[doggone]

RE:EDIT: very important take away here,

On February 20, 2011 the Company entered into a Promissory Note (Note 2) as settlement of an old accounts payable amount incurred prior to 2008. The principal
amount of Note 2 is $487,773 with interest at 8% per annum. As of December 31, 2011 the Company had not made any payments

You see, APII and it's shareholders are already DEEP, DEEEP,, DEEUUUP in the hole and this is only a portion of the reality. Dog,
BTW, i think these are two seperate issues, i beleive the Burrows thing was breach of contract not monies owed. I'll have to review that.
Yes i am correct,
Case Type: CA - Breach of Agreement/Contract
Date Filed: 05/11/2010
Location: Div 40
Judicial Officer: Mihok, A Thomas
Uniform Case Number: 482010CA011250A001OX