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Re: None

Wednesday, 07/17/2013 6:41:12 PM

Wednesday, July 17, 2013 6:41:12 PM

Post# of 36237
All I know is CEO Jose is meeting the buyer either today, tomorrow. or Friday (I am assuming this since we haven't had an update yet and they are supposed to meet this week as indicated on a FB update) and I am sure we will have some update by this weekend!

Facebook update dated July 11th

We received the following from a shareholder today: "Versant isn't even diluting, the company is simply standing by idle while we get slaughtered on the pps." As we have noted several times, the timing of the contract is in the buyer's hands not ours. All dates provided were provided by the buyer, while we are disappointed they have not met those dates we cannot demand or push in a manner that causes negotiations to stop. We certainly cannot rush the buyer due to dropping “pps”. That would be damaging to our business plan. The GM is not in the country this week, he is returning next week and we do have a meeting to see if we need to provide anything else or if we can settle on a date to get this contract signed.

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