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Re: jenthico post# 18833

Friday, 04/20/2007 2:14:00 PM

Friday, April 20, 2007 2:14:00 PM

Post# of 37012
if you look at the investor FAQs in the share structure plan, as I mentioned in my previous post, it states that Dr. Cavasin's 68 million shares are now in escrow, and will be transferred to the consortium, including the voting power attached to these, until the milestones agreed upon are met.

So, it states they are transferred to SIAM with voting power, but are the voting powers in escrow, or in the hands of SIAM?

It is also stated in a NR that the 7.2 million is also in Escrow. I would think that that money would need to be taken out of escrow and used to start buying the plant ASAP.

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