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Replies to #194706 on CASH COW

odiaz28

08/23/07 3:46 PM

#194707 RE: PieSky #194706

AWYI RECAP OF UPDATE FROM CEO TODAY:

Sent By: loganwolverine To: odiaz28 Date: 8/23/2007 10:11:44 AM

OK, they are in a process of reducing liabilities. They will be announcing something very shortly he told me. he was very tight lipped. But I think we have a merger in the works. He told me that he is in current discussion with several 'Prospects" for a deal, but cannot complete that until the Liabilities are wiped out. He said to look on last filing and they wiped out 2.5 mil already which is what I pointed out to you. he says they are currently working on the remainder and announcements will be coming "very shortly". I asked how shortly, he said cannot disclose that due to SEC regulations. Nice guy.

We have something here.