*** NEWS ***
8K Filling
Item 8.01 Other Information
On March 12, 2007 the Registrant filed a Form 8-K stating under Item 2.03 the discussion of a Five Hundred Thousand Dollar ($500,000) Convertible Promissory Note (“Note”) with Sabana Investments, LLC (“Sabana”), of which it stated that only Three Hundred Fifty Thousand Dollars ($350,000) had funded.
On May 16, 2007, the Registrant filed a Form 8-K/A stated under Item 2.03 that the amount originally discussed in the Form 8-K filed with the Commission on March 12, 2007 was stated incorrectly. The correct amount should be Three Hundred Seventy Thousand Dollars ($370,000) funded with the remaining One Hundred Thirty Thousand Dollars ($130,000) not expected to fund.
On August 21, 2007, the Registrant filed a Form 8-K stating that it had reached a mutual agreement with Sabana Investments, LLC for an extension of ninety (90) days to repay the Note.
On October 15, 2007, the Registrant repaid Three Hundred Seventy Thousand Dollars ($370,000) to Sabana Investments, LLC. The additional One Hundred Thirty Thousand Dollars ($130,000) was never given to the Registrant and therefore, the full amount of the Note has been repaid in full.
Was haltet Ihr davon. Ich würd sagen,immer noch nix von WWM
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