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fonzzz

07/13/07 3:23 PM

#79802 RE: KQforever #79788

ok, last post about this:

I stand by every of my previous posts.
Whether the contract is oral/verbal or not does not really matter. I heard it was only a verbal contract. I still believe that. The mail you got today does not deny or confirm that...but again: that is not the point.

The point is that the content of the contract is like this: PNMS would pay 240K USD/month to desimplex. This should have started in march/april.
At this point in time, not a single payment(except 10K) was received by desimplex, thereby already missing out on about 1 million dollar. The mail confirms this. If it is not clear from the mail from desimplex, contact them again to get a clearer answer.

Secondly, PNMS stated that is HAS OBTAINED 20%. This is not true. If they would fulfill their side of the contact, they would be on a path to obtaining it. This is also confirmed in the mail.

Finally: the mail is a polite response to a question from a shareholder. But you can imagine that they are really pissed at desimplex since they're waiting for their money thay long...