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simpsonrc1

08/23/05 11:24 AM

#596 RE: beano1949 #586

beano, the distortion that cornell cannot sell shares until abew is of the pinks is pure rubbish. don't believe the poster's misinformation.

this is what won't happen unless abew gets of the pinks:

"an additional $250,000 will be disbursed to the Company after the Company's common stock commences trading on the Over-the-Counter Bulletin Board."

"On April 26, 2005, the Company executed a promissory note in the amount of $750,000 in favor of Montgomery Equity Partners, Ltd. Pursuant to the terms of the promissory note, Montgomery Equity Partners disbursed the entire $750,000 to the Company upon the date the note was executed and an additional $250,000 will be disbursed to the Company after the Company's common stock commences trading on the Over-the-Counter Bulletin Board. The promissory note has a one-year term and accrues interest at 24% per annum. The promissory note matures within a year from the date of execution."