My pleasure, counselor. Respectfully, I am shocked that an attorney so callously overlooks or misrepresents fact for the benefit of a skewed analysis. You have apologized once for your misstatements/misrepresentations already. Be a man, and apologize yet once more for your misrepresentation about a press release that you think I issued. If in fact it is your intention to state your case in this forum, based on fact only, I invite you to call PR Newswire and ask for the source of the PR and to report your findings here, which is only fair (that is if the word "SOURCE: JKP" on the release itself isn't good enough for you). Go ahead - I will accept your apology in advance. I have a feeling that you will be apologizing many more times for callous interpretations in the near future. By the way, I am sure that U. Chicago taught you the defense for slander/defamation, right? Truth is not defamatory. That is something you have already admitted on your own, in this very forum, that you are incapable of delivering. Feel free to slam JKP all you want. Unlike JKP, Maximum Ventures will not be the subject of your baseless rants without recourse. If you want to do a search on litigations of which I have been involved, you will clearly understand that I don't make threats. I just do.

As far as JKP is concerned, because your narrative is inaccurate (go ahead and apologize again):

1. I refer you to a settlement agreement signed in 6/04 that is attached as an exhibit to amended SB-2/A filing with the Securities and Exchange Commission. That settlement TERMINATED relations between Maximum Ventures and Jill Kelly Productions. If I was indeed a "champion of Jill Kelly Productions at the time" do you think these mutual terminations would have taken place?

2. Prior to that settlement agreement, I like you, questioned the integrity of JKP as to their follow up of public releases. In fact, I fucking exploded which is what ultimately led to pt. 3 below. Again, I can't go into the reasons as to why they walked away from both the cable channel and the club deal, but I was forced to make a decision: let Jill Kelly walk away from the money they expended on both LOIs and take a ridiculous and unnecessary loss, or assume the liabilities myself. That is what I did. Again, if you want to play investigator I suggest you call JKP yourself for their position, and CAREFULLY examine SEC filings, instead of drawing conclusions based on your own biases.

3. A new company was formed for possession of the above properties. Jill Kelly was to provide a 2-year loan for $1 mil to this co, $600K of which was delivered out of the $3 million financing I referenced in a prior post, $150K of which held back for redemption of the aforementioned LOI expenditures. At least, JKP could still sell product through those channels (that was the intent) and have an ownership interest in that entity moving forward. This was all part of a Master Agreement dated 3/04, approx 7 months after the reverse merger. You of course would think this took place at the time of the merger, because again, you draw conclusions based on your own concoctions, without verification of dox filed with the SEC.

Incidentally, as part of the global settlement I offered to secure the note from JKP to newco with a position of about 3,000,000 shares of my personal stock. At my option, I could pay the note and redeem the shares or I could purposely default, assume an asset from newco (the note) and relinquish the shares. I"m sure you think you're a bright boy - which one do you think I opted for, and why?

4. As far liability inherited: I paid every last cent in defending a lawsuit filed by a convicted securities felon against IDCE for a loan he made years prior (much less a loan to a company for which his conviction was based!), that is until my settlement agreement. As part of the settlement agreement, I was released from any further indemnification. JKP decided to settle this for an amount that made my head spin, but post-settlement that was none of my business as it related to that lawsuit. AGAIN, all this is clear in the filings.

5. I know nothing of clothing lines or other deals or residuals or who is fucking who, since I have had no communication with the company since June, 2004. This is changing as we speak.

6. As far as the financials are concerned, I respectfully request that you make your apology for yet another admitted misrepresentation. Go ahead and repeat after me: "I, ___ ______, lied again and made a mistake about the $9 million "loss". I am sorry for another misrepresentation." Have some honor, and be a man.

As far as exchanges of debt for stock, a conversion of debt to equity takes debt OFF the books. Or did they not teach that to you in Accounting 101? No one forces conversions on those who choose not to do so. While some people did convert debt to equity, many did not. To paint a picture of armageddon because certain people wanted to take risk on potential upside is not only irresponsible, but unfair. People and companies across broad spectrums convert certain financial instruments into others on a regular basis, in the course of regular business. In the event debt is converted to equity at below market, the difference is calculated as a loss to P&L (non-cash item) which does not affect cash flow. Believe me when I tell you that I have no allegiance to JKP whatsoever at this point and have no reason whatsoever to defend them, but to sit there and say "Bob made sure of that" is a conclusion you have no basis for drawing.

As to your question of where is all the capital intended on going? Look at the SB-2, which has as an addendum the Private Placement Memorandum. It's Use of Proceeds is in it. Compare that to subsequent addendums to the filing and draw your conclusions. I'm eager to see what you come up with.

Let me bottom line it all for you Smiling Arab: if I had to do it all over again, I wouldn't - I would choose someone else. I will leave it that. I am looking for more opportunities in the space. If you have ideas, I am all ears.