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Toxic Avenger

06/13/11 1:48 PM

#1242 RE: Ecomike #1241

I think it was some sort of "consulting" payment and was what started CSGH's slide. From the 10Q -
"On September 20, 2010, the Company issued an aggregate of 2,050,000 shares of common stock to certain consultants for advisory and professional services at the current fair value of $0.87 per share, totaling $1,783,500."

There was speculation at the time that it was payment for promoting the stock. I don't think it was ever made clear by the company.