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Re: Renaissance post# 142257

Wednesday, 11/21/2012 11:04:36 AM

Wednesday, November 21, 2012 11:04:36 AM

Post# of 157299
Also, I think many of these payment plans are almost paid in full.

I have not gone back and looked in detail, but I think that these were disclosed final Q of 2011 or 1stQ 2012.

Brio Capital: entered into a settlement agreement to pay $57,661 in legal fees as required by the Court order

Tsunami Communications v. GlobeTel: the terms of the settlement, the Company is required to pay them a total of $60,000 over a 12-month period

GlobeTel Wireless Europe GmbH: Under the terms of the settlement, the Company is required to pay $80,000 over a twelve-month period


I also note that the Khoury case is gone. That settlement must be fully paid.


It will be nice to be able to divert these monthly allocations to more productive line items

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