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OneCherAtatime

11/29/07 1:28 PM

#3237 RE: boilermaker35 #3236

I'll email them , I don't think that was their only note with Laurus like you all said. the wording isn't totally clear. And its seems to me if their done with Laurus all together thats big news IMO. But who knows with this one???
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OneCherAtatime

11/29/07 2:12 PM

#3238 RE: boilermaker35 #3236

Response to my email ........ What they said was , the debt portion of the laurus note has been paid(500k term note), which I think is old news. They said the remaining money utilized through Laurus is part of their revolving credit line , and this amount goes up or down based on their accounts receivable.