One does not "negotiate" one's way out of a $500k obligation. Either Friedman has the replacement financing lined up or he doesn't. You can't say publicly that $500k is magically off the balance sheet without providing a clear explanation of how it was accomplished. I would not be surprised if a lawsuit is soon to follow and a backtrack PR from Friedman - who has ZERO credibility. Sadly, the attempt to juice the stock didn't accomplish much.