HUGE HAMMER TIME step in the acquisition of NBS!

The Contingent Warrants contain an “Expiration Event” that is triggered on the filing by the Company with the Federal Communications Commission of a request for the approval of the transfer of the licenses and operating authorities associated with the pending acquisition of Network Billing Systems, LLC ("NBS"), as previously disclosed in the Company's current Report on Form 8-K/A, filed on February 6, 2012, or a similar business combination. As of the date of this report, the Company has filed for and received approval from the Federal Communications Commission for the transfer of such licenses and operating authorities related to NBS.