I am very glad you have taken the time to get accurate information regarding the confusion. The wording of the the 8K is incorrect in that as of Friday August 4, 2000 there is a signed witten contract between the two parties, not just an oral agreement. Furthermore, the main reason for the confusion is that both parties decided it was very clearly, without any question, in the best interest of the sharholders to move forward by purchasing 100% of the assets of AmEurotech as the first phase with a name change to AmEurotech taking place later. I personally was present in the meetings between Reno, Stephano, 21st Equity, and 2 seperate Securties Attorney's. The attorneys, Van Stillman and Chris Moran thoroughly researched every aspect of this decision and agreed it was the best way to move forward. The purpose is to build value for shareholders in the best way possible. ALL OF THE ASSETS AND REVENUE OF AMEUROTECH ARE IN OASIS TECHNOLGY SRL which is what we want. And that is what we got. Go back and look the contracts and business that Oasis is doing from the past press releases. Again, I have personally seen those signed contracts of Oasis for $8,000,000 and $5,000,000. Everyone will be pleased IMO when they see what we actually have. There was no better way to do it than the way we did.
I also would like to state that I realize the press release is contradictory to the edgar filing. I have spoken to Chris Moran and he said a new corrected 8k would go out monday morning. The deal has been closed. And it was done the way the lawyers said to do it.
A more detailed release was planned all along for Monday AM. I beleive the company had a moral and legal obligation not to sit on the news that a significant acquisition had been made by the company. I also believe that eveyone will be very happy about what we have done.
I apologize for the confusion and I hope this helps.
Clinton F. Walker Vice President Research and Marketing 21st Equity Partners, LLC
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