Yes the Bridgeport loan has been talked about for 15 months or so. I think Dr. Gulas originally involved. Then came reorganization followed by law suites and the CE. I believe the investors in Bridgeport backed off when these issues were not resolved because their original agreement was for money to be used for six studio deals for content and marketing and an officer on the board of directors. If the bridge loan of $5 mil can settle the law suites and pay the attorneys to remove the CE then maybe Bridgeport investors will be more willing to begin fulfilling the loan agreement. Let's see if this can be achieved by next month as revenue needs to begin growing rapidly to meet the obligations. New content equals 1000's per week not 100's trying out ultraflix.
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