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SUBSEQUENT EVENTS
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9 Months Ended |
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Sep. 30, 2012
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| Subsequent Events [Abstract] | |
| SUBSEQUENT EVENTS |
On October 16, 2012, we were served with a complaint by BofA. We answered their complaint and filed a counter-lawsuit against them on November 12, 2012. See Notes 8 and 10.
On or about November 5, 2012, all of our obligations and that of our CEO pertaining to the Sherron Settlement were fully satisfied. See Note 10.
On October 30, 2012, the action filed by Reel Games against us was dismissed with prejudice. See Note 10.
In accordance with ASC Topic 855-10, we have analyzed our operations subsequent to September 30, 2012 and up to the date these financial statements were issued, and have determined that there are not any material subsequent events to disclose in these financial statements other than the events described above. |
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- Details
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- Definition
The entire disclosure for significant events or transactions that occurred after the balance sheet date through the date the financial statements were issued or the date the financial statements were available to be issued. Examples include: the sale of a capital stock issue, purchase of a business, settlement of litigation, catastrophic loss, significant foreign exchange rate changes, loans to insiders or affiliates, and transactions not in the ordinary course of business. No definition available.
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