Who or what is Alia Holdings S.A., and where are they located?
Posted by: chcr
In reply to: None Date:6/4/2003 2:23:41 PM
Post #of 103
Press Release Source: Life Energy & Technology Holdings Inc.
Life Energy & Technology Holdings Inc., Retires 5,000,000 Shares of Stock to Treasury
Monday June 2, 12:21 pm ET
UTICA, N.Y., June 2, 2003 (PRIMEZONE) -- Life Energy & Technology Holdings, Inc. (OTC BB:LETH.OB - News) (Deutsche Borse DE:LFT) has made an agreement with its subcontract manufacturer Alia Holdings, S.A.
Alia is the holder of five million shares (5,000,000) of LETH's Series B Preferred Stock. These shares were used as collateral against manufacturing, research & development, shipping, installation cost and other expenses incurred on behalf of LETH. Alia was reimbursed, as part of this agreement, for the return to LETH of the five million (5,000,000) shares.