Replies to post #4856 on NIR Group

[suninthefun]

They are saying itonics liability to NIR goes off the balance sheet. We all know that is not true but look at what they believe

"It is now payable in seashells which I will receive in two years. We now have a new agreement. This does not require the judge to rule. I can now remove the debt (notes) from my balance sheet. Walla! Thay have been expunged! Itro is now free of the notes payable on the liability side of their balance sheet. Since I will be paying you in "free" seashells, I do not have to replace the note with any other liability. "
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=62895794

[ckaminsky]

SMF, is this a recent or old IGNT balance sheet?
Did they settle the suit with Sand in jail??