Ready, I was one of the people who discovered the "security interest" filing and the disclosure of such in the 10q from Q1-2012. So, the statement in the Phase V report that they were "sold" and that it was "not disclosed" is a lie. But, I cannot find anywhere that states that loan was paid back, and it still shows as being assigned to Four M as security interest. Don't know if that is sloppy paperwork, or there is more to it. Either way, Phase V is clearly trying to portray it differently than what happened. Makes the rest of their report suspect as well. Once again, NWBO does themselves no favors by leaving things like this open or unexplained.