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Talonss

02/08/13 2:18 PM

#30764 RE: WiscoDish #30758

VNDM moved up to .0027, so looks like he dumped his load...now we have VFIN remaining (can't be much more to dump here). Considering they had ~400k of debt and whittled that down to 49-50k (less today judging by the dumping), I'd say we're in good shape here. He did seem contrite stating that he wished he hadn't engaged such toxic funders (Asher and Southridge), but they needed the capital infusion at the time to keep the company going. The CEO stating that he expected/hoped Asher would wrap up the last CD and "blow that out in a few days" bodes well.

NSAV is now on the cusp of being debt free and no matter how you slice it, that's a big plus and very attractive for potential funders,investors. He just wants to "get Asher out the door" (to quote him) before issuing any PR's here, but he said they are getting ready to roll things out.