Purlieu; Heres the link, click on the 10QSB Filing from 11-23-04. Heres a copy of note 13 from the filing below. I also spoke with Tom Gramuglia the CEO Today, he said things will be turning around, he said wait until the 15th when they put out their next filing. He sounded like they are terminating their Financing Deal with Cornell after watching what cornell is doing to the company stock. You will have to type in MLXO then click on Filings. If you have any trouble let me know.
In November 2004, the Company signed a Standby Equity Distribution Agreement with Cornell Capital Partners, LP ("Cornell") whereby Cornell has agreed to purchase, during the next 2 years, up to $10,000,000 of the Company's common stock pursuant to the terms and conditions of the Standby Equity Distribution Agreement.