Manati Industries, Inc (MNII)

[ADVFN_paperwerks]

Thanks rstar. That is great to hear that you spoke to Nick.

A claim is nice to have but you can’t do anything with it. But when we go to court we will have a judgement and with that you can start seizing assets etc. they will eventually have to settle a judgement from a US court.

The way I am doing the math is that our original claim was for about $60 million if I recall correctly plus 6% interest. At 6% interest for 60 years we should be entitled to at least $240 million judgement from the court which is about $200 per share at least.

Of course, we will never collect that but even at some % (put in your number) of $200 per share this stock has enormous upside. There is little stock out there and more people will get involved as the lawsuit is filed and eventually a judgement received. The newspapers will report on this.

I am thinking that Nick must be swamped with phone calls and new clients but these lawsuits (mnii & fraz) will get filed in a few months. It will be even more interesting if we also sue some foreign companies for trafficking in our assets.

I think we have an exciting year ahead of us.