outstanding debt result. better then expected, page-5

Sorry Regellen, let me be a little clearer.

Possible current payments + 107mill shares at 4c (not sure of the exact issue price yet) + the $1.2mill

Could be restated as:

Possible accrued payments until now + 107mill shares at 4c (not sure of the exact issue price yet) + the $1.2mill)

So I figure since inception until total cancellation on the convertible note, they repayed $8million dollars (Guess) and actually made upto $12million dollar profit on it.

Outstanding result.