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sgunderbarth

05/07/13 5:07 PM

#43168 RE: Cooltabby #43165

B) it's called Factor Fund.

Omg, this is impossible. Carry on, Tabby.

Bjones2

05/07/13 5:11 PM

#43176 RE: Cooltabby #43165

Tabby, we have to cancel the debt Period

Company can't borrow for any traditional conventional financing when the current debt holds a lien on the company assets, there is no collateral with this arrangement.

Once we get the remainder of the debt cancelled at 10c on a dollar, we will be able to get new financing and they have stated that they would consider a share buy back program. Just the announcement that they would be in the market supporting the stock would send it on a tear.