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PhoenixRises

12/03/12 6:39 PM

#19828 RE: JCT777 #19825

Austin tx? Thats my hometown......perhaps i pay them a visit. :)

Edwy
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FD2you

12/03/12 7:10 PM

#19838 RE: JCT777 #19825

You get that there is still debts...correct? They are saying that they MIGHT have funding that is not toxic...that will be good if it happens, but the debts are still there somehow.

Debts don't just magically go away. EDWY will either pay shares or interest and since they have zero revenues they can only pay with shares.

The terms of that debt settlement deal will be very interesting to see.