Sell assets, what assets, all CBAI has (excluding cash) is Intangible assets ( which consist primarily of customer contracts and relationships ), and Property and equipment of $139,000. Acquisition with what, they have no money, borrow more? The lawsuit was a result of failing to maintain a share reserve, failing to increase the number of authorized shares, failing to call or hold a meeting to increase the authorized shares of Common Stock of the Company, and failing to make installment payments . The lawsuit was a plus as I see it. The time span to settle the lawsuit CBAI was able to keep cash by delaying the payments. True they had legal fees, but that was likely less cash outlay than paying the loan ( which Matt borrowed originally). The increase in authorized shares is necessary if the creditor wants to convert to common stock, and to ensure CBAI doesn't miss a payment ( which sparked the lawsuit in the first place). I do not see any other way. If two billion shares would be underwritten, or used to cover the conversion of the loan, at current market price of .0017 and a 30% haircut would result of an issue price of appox .00105 or appox. 2 million dollars. I do not see any other way. Any suggestions?
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