World Health Alternatives, Inc.(fka WHAIQ)

[ced70]

I got off about 3:45 EST. I got a few things but Bill can fill you in better. I had that they had a 2 month loan and asset purchase in place. A 90 day drop dead period to have it paid. They also talked on the phone about hiring a lawyer and a financial advisor to review the company. The lawyer estimated 100K to do this…the people on the line and the lawyer thinks the company could be close to being in the money. The bottom line was something had to happen to refinance these loans in order to stop the sale. The auction would take place 45-50 days from today. One lady that owns shares a pretty big stake by the way knew the head of one of the subsidiares. She said they have a lot of information showing the management was fraudulent and that they didn’t think the fraud affected the assets of the company. This fraud seemed to be the big kicker as to whether the company was in or out of the money. This is all the details that I had up to 3:45 eastern. I am sure that I have left out a lot of stuff hopefully Bill can update everyone on the details.