Sheriff....
I'm in this alone...I schill for me , myself and I.....
CXO has been paid 216,140 freely tradable shares of the company's common stock and 1,080,000 warrants readily convertible into common stock. The company stated that a reasonable estimate of the value of such services based upon average trading prices of the company's common stock over the firm's 17 month engagement exceeds $6,000,000.
Those administrative costs for CXO on the P&L of Torvec, which you own part of, are now gone....that is a good thing..the bad thing is that it represents 4% of the company..