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Thursday, November 10, 2016 8:52:42 PM
Also in the language of the agreement is that enough shares "has" been set aside equal to the greater of the number of shares that could be issued pursuant to the terms of the settlement plus at a minimum 30 million shares.
My reading of it along with the Idaho register removing all previous board members from Xtreme is that it is done.
I also do not see any other filings that there was a violation of the terms of settlement which we are a few month shy of 2 years ago.
I would think there would be another filing if the terms were violated and that Xtreme creditors would refile if the terms were not met.
Not to mention that Xtreme would have issues with Alkame using the patents and processes to continue making product, which it appears they are and again there is no litigation for them doing so because as Alkame stated, the acquisition has been finalized.
Since we cannot see the terms, we just don't know what they are and when valuation would be done if paid out in a tranch.
The shares needed to fulfill the remainder on the filings total around $81,000 at todays price, so trying to run the shares down if there is a valuation period coming up would equal more shares and then we are stepping into conspiracy theory.
My response to anyone that suggested that, would be to file a formal complaint with the appropriate authorities. Not implying that, just saying.
Regards,
Fizzlegig
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