Replies to post #8 on CarSmartt Inc (CRSM)

[SHEEPWOLF]

Looks like it was done in FEB. ;

13:37 2/2/2009 CYGH Cynergi Holdings, Inc. Common Stock SRSP Sports Supplement Group, Inc. Common Stock 1-8 R/S **

[Broke Ass Greek Boy]

25-Mar-2009

Termination of a Material Definitive Agreement, Other Events



ITEM 1.02 TERMINATION OF A MATERIAL DEFINITIVE AGREEMENT
On January 5, 2009, we entered into a stock pledge agreement (the "Agreement") with Knights Bridge Capital Group Inc. ("Knights Bridge") as represented by Marlon Muller signing as "PRINCIPAL" for the same company. Under the terms of the Agreement, Knights Bridge, agreed to supply us with $500,000 in funding. Knights Bridge failed to supply the funding. Further, Knights Bridge represented it would collateralize the Agreement with 2,000,000 free trading shares of common stock of Sports Supplement Acquisition Group Inc. Knights Bridge has failed to deliver the 2,000,000 free trading shares of common stock of Sports Supplement Acquisition Group Inc. to us as of this date.

On March 12, 2009, we called a warrant entered into with Knights Bridge which required Knights Bridge to either exercise its warrant for 3,000,000 shares of common stock for $1,000,000 or the warrant would expire on March 19, 2009. Knights Bridge failed to exercise the warrant by March 19, 2009 and the warrant expired as a matter of law.





ITEM 8.01 OTHER EVENTS
On March 20, 2009, shareholders representing in excess of 59.00% of the total outstanding shares of common stock voted to reverse split our common stock on the basis of 1 share for each 180 shares outstanding.

Due to the breach of the Agreement by Knights Bridge and Knights Bridge's failure to exercise the warrant, all as described in Item 1.02 above, we have been unable to secure the inventory needed to generate revenues equal to historical levels for the ErgoPharm brand.

Furthermore, the resultant lack of working capital has made it impossible for us to pay our auditors. Accordingly an audit report is not be forthcoming and will not be issued by our auditors until the auditing fees are paid. In the event we are unable to include the audit report in our Form 10-K, which is due March 31, 2009, our stock may be delisted from the Bulletin Board.

We are currently exploring potential options in order to survive in these difficult times.