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This excerpt taken from the PRVT 10-Q filed Nov 9, 2007. Non-Cash Transaction During the nine month period ending September 30, 2006 three convertible note holders converted a total of $1,325,000 of principal into common stock. As of September 30, 2006, the $2,250,000 convertible note was fully converted and subsequently all debt related to the note was repaid. This excerpt taken from the PRVT 10-Q filed Aug 9, 2007. Non-Cash Transaction During the six month period ending June 30, 2006 two convertible note holders converted a total of $0.9 million of principal into common stock. This excerpt taken from the PRVT 10-Q filed May 10, 2007. Non-Cash Transaction In March 2006, a holder of a convertible note converted $0.2 million of principal into common stock. This excerpt taken from the PRVT 10-Q filed Nov 14, 2006. Non-Cash Transaction During the nine month period ending September 30, 2006 three convertible note holders converted a total of $1,325,000 of principal into common stock. As of September 30, 2006, the $2,250,000 convertible note was fully converted and subsequently all debt related to the note was repaid. This excerpt taken from the PRVT 10-Q filed Aug 14, 2006. Non-Cash Transaction During the six month period ending June 30, 2006 two convertible note holders converted a total of $0.9 million of principal into common stock. As of June 30, 2006, the amount recorded for the convertible note under current portion of long term borrowings was EUR 0.3 million. This excerpt taken from the PRVT 10-Q filed May 15, 2006. Non-Cash Transaction In March 2006 a holder of a convertible note converted $0.2 million of principal into common stock. As of March 31, 2006, the amount recorded for the convertible note under current portion of long term borrowings was EUR 0.8 million. This excerpt taken from the PRVT 10-Q filed Nov 14, 2005. Non-Cash Transaction
In January 2005, the Company presented a claim to the previous owner of our real estate property located in Barcelona, Spain. Under the claim the Company was awarded EUR 2.2 million. The increase in related party receivable of EUR 1.5 million, together with the reduction of EUR 0.7 million in related party payable, reflects this claim.
This excerpt taken from the PRVT 10-Q filed Aug 11, 2005. Non-Cash Transaction
In January 2005, the Company presented a claim to the previous owner of our real estate property located in Barcelona, Spain. Under the claim the Company was awarded EUR 2.2 million. The increase in related party receivable of EUR 1.5 million, together with the reduction of EUR 0.7 million in related party payable, reflects this claim.
This excerpt taken from the PRVT 10-Q filed May 16, 2005. Non-Cash Transaction
In January 2005, the Company presented a claim to the previous owner of our real estate property located in Barcelona, Spain. Under the claim the Company was awarded EUR 2.2 million. The increase in related party receivable of EUR 1.5 million, together with the reduction of EUR 0.7 million in related party payable, reflects this claim.
This excerpt taken from the PRVT 10-K filed Mar 31, 2005. Non-Cash Transaction
The Company has a note payable to an entity controlled by the Company’s principal shareholder. The amount payable at December 31, 2004 was EUR 0.7 million. In September 2004, the amount payable under the note was reduced by EUR 1.5 million as a result of certain adjustments provided for under the December 2002 Share Purchase Agreement for the outstanding stock of Barbuda BV for which the note payable relates to.
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