Empirical Receives Notices From Its Secured Creditors

http://biz.yahoo.com/ccn/090108/200901080505676001.html?.v=1&printer=1
Empirical Inc.(TSX VENTURE:EM - News; the "Company" or "Empirical") announces that today, it received demands for payment and notices of intention to enforce security from the Ontario SME Capital Corporation ("SME"), Quorum Secured Equity Trust ("QSET") and Quorum Investment Pool Limited Partnership ("QIP") (collectively "Quorum"). After a period of 10 days Quorum will be in a position to take steps to enforce their security against the assets of the Company and its subsidiaries (the "Empirical Group of Companies").