The company is also pleased to announce that it has recently paid off over $260,000 in convertible debt, including a $90,000 note to Tangiers Investment Group, $119,000 to Collier Investment Group, settled a legal dispute with KBM and has entered into a payment plan to retire it final note below the original obligation. There is approximately only $200,000 debt remaining out of almost $3 million that was accrued and paid off over the last 4 years and used to position the company with all the opportunities we have today. The company has an agreement in place to pay off the majority of the debt rather than letting it convert to stock.
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