makin_dough: Look at the Notes in the recent financial statement. Specifially, #2:
The Company has received short term loans of operating funds. the notes are unsecured, non-interest bearing and due upon demand. The Company intends to repay the loans from the issuance of shares of it's common stock at a rate to be determined.
It says they INTEND to repay with stock, but this could change if they came up with cash, I assume. The questions are: do they have the cash and what do the repayment contract terms state? Looking at the last financial report, I'd say they need to collect that $5M+ in accounts receivable to pay off anything significant.
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