I guess if there was any encouraging news it was this as stated in the financials.
"The Company has successfully brought its Tekcases to market and began selling them in the quarter ended June 30, 2009. It also is actively involved in bringing its TeknoVault product to market. It anticipates these new products increasing its revenues to alleviate its working capital deficit. Since June 30, 2009, the Company has received new orders for its products and anticipates orders for its products to continue to be placed by customers. Further, it is actively seeking additional capital. "
ALLEVIATE ITS WORKING CAPITAL DEFICIT....... wouldn't that be nice.
They are in default on ALL their loans not just to Nutmeg. The Phyo loan is Nutmegs brother. Micro Pipe is an associate of Nutmeg. It goes on and on.
If Stevens can keep the balls in the air, he will be able to pay a premium and get rid of all of these loans.
I was actually encouraged by the financials versus the first quarter. God we are almost there.
There had better be news that makes this rock when the up listing takes place and big push in the stock. Otherwise ?????
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