skeedad...here is the gist of the transaction...as far as I know the $250 financing mentioned has yet to be completed, so payments are not written in stone as to specific due dates....yet!

>>>The promissory note is payable by US Biodefense in 12 monthly installments of $125,000 beginning 30 days after it closes a financing of at least $250,000. The entire principal amount is due to us no later than January 3, 2010. If US Biodefense misses a payment on the note, and such payment is not made within 7 business days, it will be in default under the note and upon receipt of our notice of default, it will have 7 business days to cure such default. In the event that the default is not cured within the prescribed time period, a default simple interest rate of 15% per annum will be applied to any amounts under the note for which payment has not been made.