Do you think the IR firm wants to get this up to at least $1.00pps
Note
3 — Derivative Liability
As of
3/31/2008 the Registrant has an outstanding liability to its IR firm of 100,000
shares of its common stock, which is valued at $100,000. Per the terms of the
agreement, the Registrant must register these shares with the SEC and AMEX, and
accordingly, until successfully done, the Registrant carries the $100,000
liability on its Balance Sheet under the category of “Derivative
Liability”.