In February of 2009 we had begun discussions. By March 2009 we had an agreement in place that he was going to raise funds for us via a public raise. That was subsequently amended in June to a different type of public raise. By the time we got into the fall of 2009, we knew that it really wasn't going anywhere. We had started to wind down the relationship. Going into December 2009 it forced our company into bankruptcy because we didn't get any funding.
On May 26th, 2010. See this statement in context.