OOOOCH!!!!!Date of Report (Date of earliest event reported): May 2, 2008 (19 DAYS AGO, thanks for up to date info)
"notice of acceleration of all principal, interest and redemption premiums due Trafalgar pursuant to that certain Secured Convertible Debenture "
"to be funded on the earlier of: (i) one hundred and fifty (150) days from the may 12, 2008 or (ii) the Company’s receipt of a second purchase order. All of the funds provided in the financing are held in escrow to be released at Trafalgar’s discretion."
"The Debentures are secured by all of the assets and property of the Company"
"On May 2, 2008, Robert Lau resigned his position as Chief Financial Officer"
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