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Renavatio

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Renavatio

Re: None

Friday, 06/01/2007 9:44:42 PM

Friday, June 01, 2007 9:44:42 PM

Post# of 79921
http://sec.edgar-online.com/2007/05/15/0001062993-07-001802/Section7.asp

"On November 8, 2006, an action was commenced in the District Court of Erath County, Texas, by Ideal Energy Directional Drilling Services, Inc. against Terax for breach of contract and foreclosure of lien. The Plaintiff alleges that Terax has failed to pay for certain goods, merchandise, or services sold to Terax. The complaint is seeking $52,500 allegedly owed to the Plaintiff, interest, and attorney's fees and an order of foreclosure of Plaintiff's lien. Terax has responded to the Ideal lawsuit in a timely manner but plans to reach a settlement with Ideal Energy Directional Drilling in the near future provided funds are available."

These boys sure aren't afraid to go after people legally...

Ren

"Experience: that most brutal of teachers. But you learn, my God do you learn." C.S. Lewis
www.younglife.org

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