Replies to post #15495 on Protagenic Therapeutics Inc. (PTIX)

[hawkeye612]

First payment was due at the end of December. Am sure that was made as they should have made it with the sale of the building. Am surprised an 8k has not been released yet, as the sale was supposed to be completed a week ago. Held the stock down this week, but am sure we will hear something early next week.

[StockBang]

First payment was due 12/31/2011. It was paid with that stock conversion.

Read the 8-k

http://www.sec.gov/Archives/edgar/data/1022899/000114420411068593/v242517_8k.htm

They defaulted on the pay,ent and had to issue shares. I am sure this was a planned event.