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MJAM2020

11/23/14 3:24 AM

#11619 RE: Diversified #11616

It's just rough estimates..aprox 160k in notes left which I too figured at 0001..not counting the interest on them . And there are the 3 payments due to wazzamba or whatever the name is...don't have the info right in front of me...but I know at least one of those payments and maybe even 2 still have to b made.. Each payment is for 100k$ ... I always look at things in worst case ...or stay as conservative as possible depending on situation.... Then there also the chance that do mark And wazzamba create a separate company of which I'm sure holders here would get a share of..but again I would think ownership might be diluted again there as wazzamba would certainly get at least 50percent of the new entity....albeit it would b 50percent of a larger pie,...cause the way it's set now wazzamba will already be taking 50percent of the revs ... I'm mobile right now but will try and find the links..

MJAM2020

11/23/14 3:31 AM

#11620 RE: Diversified #11616

Most recent 10k page 26 for notes coming due

MJAM2020

11/23/14 3:38 AM

#11621 RE: Diversified #11616

Same 10k. Pg 25 for info on the 3 flat fee payments to wazzamba...and the negotiations to create a new entity owned by both co's...and just little further down there is a bank loan out due in full at dec 31...backed by stock...pls correct me if I'm seeing something wrong...