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MarketGeometry

05/17/13 12:55 AM

#124062 RE: Warby 3 #124061

The debt has not settled so interest to NAK is accumulating on the loan. Until the lien is cleared debt/loan will not be settled. So it may take several months before dust settles. Another failure by this board. Company should have paid these contractors. Pete guy that came on board owns 2.25 million shares and he is elligible to become a director?
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gempicker

05/17/13 7:54 AM

#124068 RE: Warby 3 #124061

By my calculations, they only need $87k to start the ZTEM. The other $87k will be due to release the analysis and results, I think was mentioned here.

They stated they are moving forward with ZTEM. They also stated results could be within 2 weeks of completion of flying ZTEM.