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MasterBidder

09/13/11 3:32 PM

#11280 RE: frenchi #11279

AAVG - My apologies - I guess the iBox doesn't necessarily specify that these are the ASHER notes but here ya go -


8K 08/15/2011)
First 4/19/2010 Due $50,000 1/21/2011 (paid)
Second 6/1/2010 $25,000 Due 3/31/2011 (paid)
Third 8/31/2010 $40,000 Due 6/2/2011 (paid)
Fourth 10/21/2010 $35,000 Due 7/25/2011 (paid)
Fifth 12/20/2010 $45,000 Due 9/22/2011 (part paid)
Sixth 3/28/2011 $50,000 Due 12/30/2011 (company has option to buy back)
http://ih.advfn.com/p.php?pid=nmona&article=48838019
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integral

09/13/11 10:18 PM

#11306 RE: frenchi #11279

frenchi, Asher provided what is called "death spiral" financing to AAVG. The company is running out of time to create cash flow positive before the Asher takes this stock down to no bid. If the company does not go cash flow positive before the "death spiral" is complete by Asher, the company will have no where to go for financing and it will find itself with no cash, and a quote of $0.0000 x $0.0001 with trillions of shares offered by Asher at $0.0001. When that happens, there will be no cash left for AvGas 100LL and that means grounded planes, pink slips, and chains on the door.

Asher does not care about employees or shareholders, only 400% profits on every flip.