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smalltimetrader

05/13/12 3:31 PM

#36589 RE: StockAppre #36588

That is still unresolved as far as I know.

In October the Company sold its control block of 800,000 shares of Series A Preferred stock
in RightSmile, Inc, back to the Company for $200,000. The terms of the transaction state; all
payments and interest have been deferred until July of 2012 at which time RightSmile can
either pay the Company cash or elect to pay off the Note in equity.



We just know BCAP has finalized the liquidation of their shares. Based on the BCAP filing. I think that is part of the reason for the A/S increase we just recently had. Though, I just don't know.