CRPZ...heavy accumulation @ 0002...expecting HUGE PR soon.

On January 10, 2012, the Company signed a term sheet for a $3,250,000 credit facility to finance the acquisition of Go Media. The term of the financing is 3 years and any amounts borrowed would bear interest at 6.5% and a default interest rate of 10%. The financing would be secured by all of the assets of Go Media and by the revenue stream of all current and future service contracts. During the first 18 months following the financing, the Company would be required to make interest payments only. During the next 12 months the Company would be required to make interest and principal payments and fully repay the financing prior to the third anniversary. The Company paid an origination fee of $12,500.