The purchase price of the OTG business is announced as the assuption of supplier debt (Accounts payable and accrued expenses $3,448,679 as of Jan 31 2008) and a note from FTS for the difference from $4M (approx $500-600K)

Sounds on the surface to be a reasonable price to pay for a $25M company....if in fact it can generate $2M cash flow per year....

We need to see the SEC Filings on this as well as the financing details for the approx. $1M due on April 3 2008 for retirement of the notes and Miller payment....

I sure as heck am hoping for the April 3 payments to be part of the revolving credit line SG spoke of....no kidding...LOL