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eom7

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eom7

Re: RIGATONI post# 3

Friday, 01/15/2010 2:48:19 PM

Friday, January 15, 2010 2:48:19 PM

Post# of 1360
ASXSF - .20 playing in hopes they get the Sunshine Mine out of SRLMQ bankruptcy. Bid due today:

Jan 15th - Bids and deposits due
Feb 1st - Auction
Feb 15th - Sale Closing

Looks like worst case senario they get $250,000:
The Agreement prohibits Sterling from soliciting or initiating any discussion regarding any other business combination or sale of material assets, contains provisions for the Company to match competing, unsolicited proposals and provides for a $250,000 USD termination fee payable to the Company in certain circumstances.

Also, playing MISVF (other bidder)but that is above 1.00 and not for this board.
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