Tonaquint and St. George
Previously, the Company entered into transactions with St. George Investments, LLC and with Tonaquint, Inc. On August 30, 2013, the Company filed a Complaint against these entities as described in greater detail in Item 3. Legal Proceedings.
Moreover, on September 25, 2013, the Company received from Tonaquint a Notice of Disposition of Collateral advising of Tonaquint’s intent to sell all assets of the Company at a public auction on November 4, 2013 at 11:00 a.m. PST at 1857 Helm Drive, Las Vegas, Nevada, 89119. On October 18, 2013, the Company received from Tonaquint a Notification of Cancellation, which provided notice that the aforementioned auction to sell the Company’s assets was cancelled
