InterCore Inc.(fka ICOR)

[mvnalmn2]

Another pretty important 10Q statement is:

8,000,000 of the 20,000,000 shares of Epec were issued to the Company and the balance of 12,000,000 shares will be issued upon payment of the $600,000 described immediately above;
The Company has not made the $600,000 payment and is not in compliance with the investment agreement. However, Epec has not issued the Company a formal notice of default; and

So.......the company basically has completed 20% of it's intended 20%
acquisition of EPEC.

I'm not sure where the 600 grand is going to come from.

I do not want to imagine what level of Dilution would have to be
generated to sell $600,000 worth of shares at the present $.01-.015