Tuesday, May 07, 2013 10:11:35 AM
Why the AS increase to 7 billion? Is this part of the undisclosed settlement before a possible reverse split for universal funding to convert the debt owed back down to .0001? Is there a CD attached to this settlement where the AS has to remain at a level allowing for 4.99% periodic debt conversion on liquidity? The amount owing was around $400k I believe.
Just like the acquisition and GraffitiPlay. Was making $1 mil plus in 2010 and so and so employees. GraffitiPlay the new company name blah blah blah. Now no GraffitiPlay.com.
Whatever.
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