DON'T BLAME ALI, He doesn't want competition selling! He wants people to hold WHILE HE SELLS.
That's why he writes stuff like,,, "DISCUSSIONS ARE ONGOING"
He wants to keep shareholders feeble hopes alive so they hold on
Here's the paragraph,,,
We did not consummate the Global Energy Group LLC transaction - Metwood had previously entered into a Member Interests Purchase Agreement (the "Agreement") dated June 30, 2013 with Global Energy Group LLC. The Company has determined not to consummate the transaction. The discussions regarding this Agreement are ongoing and any failure of the parties to reach an accommodation may have material adverse effect on our financial condition or results of operations and could divert management’s attention and resources.
It says exactly what I said. "DISCUSSIONS ARE ONGOING"
