No "new" news.....

See World....less profit...

Last Year 2007 sales = $7M+ (higher than 2006)

6 months to a year before seeing effectiveness of OTG Tech...

No dilution in OTG Tech purchase...

Lead fund verbally commited to $3.5M funding re: OTG purchase...

need figures clarification re: security of funding...

Still $1.5 M of convertible debt...about equal to $1.5M note income from Elysium Internet sale, so one pays the other...(timeline not specified)...

$450K to $500K debt reduction from convertibles since Jan 1/08....

One convertible fund should be finished in the next few days...a second seller is in negotiations...the other two are not selling at these prices (one of the funds not selling is the new lead fund for OTG transaction...


That's about all I was able to get...altogether, IMO, nothing new....just hand holding...the word is "patience", as we need to see how the funding issue winds up...