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TedJ

01/29/14 12:06 PM

#18519 RE: razorback74 #18518

Wasn't following the company back then so there may be details of the story that I missed. I was going off of the June 8-K that said:

"IBC commenced the Action against the Company on July 19, 2013 to recover an aggregate of $197,630.64 of past-due accounts payable of the Company, which IBC had purchased from certain vendors of the Company pursuant to the terms of separate claim purchase agreements between IBC and each of such vendors (the “Assigned Accounts”), plus fees and costs (the “Claim”). The Assigned Accounts relate to certain research, technical, development, accounting and legal services."

Thanks for the added info.