Wowio Statment On Late 2Q Payments


	Wowio Statment On Late 2Q Payments

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9-2-2008 9:24 PM

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<div style="margin: 12px 0px; font-family: arial; color: #333333; background: #ffffff; border: solid 4px #e5e5e5; width: 100%; clear: left;"><div class="CM_CTB_Content_Wrap" style="margin: 0px; padding: 0px;background-color: #ffffff;"><div style="border-bottom: solid 1px #dcdcdc; white-space: nowrap; margin-bottom: 8px; background-color: #eeeeee ;background-image: url(http://clipmarks.com/images/source-bg.gif); background-repeat: repeat-x; height: 24px; line-height: 24px; vertical-align: middle; padding-bottom: 4px; color: #666666; font-size: 10px;" ><a href="http://clipmarks.com/clip-to-blog/" title="see clips that are hot right now"><img src="http://content.clipmarks.com/blog_embed/14c3a37b-0e6f-444c-8114-fb7ce9b0948b/29F567E9-B0D6-4CC7-983A-8DEAE286BCF8/" alt="" width="19" height="19" border="0" style="vertical-align: middle; margin: 0px 4px; display: inline; border: none; float:none;" /></a>clipped from <a title="http://www.comicbookresources.com/?page=article&id=17918" href="http://www.comicbookresources.com/?page=article&id=17918" style="font-size: 11px;">www.comicbookresources.com</a></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.comicbookresources.com/?page=article&id=17918"><P>When approached by CBR, representatives of Platinum declined to comment.  In e-mail correspondence with publishers, Ellison said: "It is my understanding that the delay in reconciliation and payments for the Q2 royalties is a result of the ongoing transition of the Wowio acquisition.  Naturally, we were assumed and hoped to have all accounts reconciled on the 15th as promised, but it has taken longer than we expected.  I wish I could give you an exact date on the Q2 payments, but I honestly don't have one. Payments are going out as quickly as we can get them sent." </P></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.comicbookresources.com/?page=article&id=17918"><P>Ellison assures Wowio creators their payments are forthcoming, but most are not content to sit idly with their Q2 revenue in the wind.</P></blockquote></div><div style="margin: 0px 6px 6px 4px;"><table style="font-size: 11px;border-spacing: 0px;padding: 0px;" cellpadding="0" cellspacing="0" width="100%"><tr><td style="background:transparent;border-width:0px;padding:0px;">&nbsp;</td><td align="right" style="background:transparent;border-width:0px;padding:0px;width:107px" width="107"><a href="http://clipmarks.com/share/29F567E9-B0D6-4CC7-983A-8DEAE286BCF8/blog/" title="blog or email this clip"><img src="http://content8.clipmarks.com/images/c2b-foot.png" border="0" alt="blog it" width="107" height="17" style="border-width:0px;padding:0px;margin:0px;" /></a></td></tr></table></div></div>

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