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Microcap & Penny Stocks : CSHK CASHCO MANAGEMENT Y2K

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To: ISOMAN who wrote (3912)6/5/1998 8:41:00 PM
From: Janice Shell   of 7491
 
Eleventh Hour assumed the note from Cashco.

No. Read it again: In addition, EHI has agreed to assume a $250,000 promissory note which the exclusive license is subject to in lieu of the previously agreed upon cash payments to Merced, Inc.

EHI originally was going to pay $250K cash up front to Merced; now they're going to assume Merced's debt.
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