Sequiam Biometrics (fka SQUM)

[gabeh]

The question is what exactly the agreement between Crestview and Sequian had to say about the resposiblities and rights of each party. I doubt that the agreement said that Crestview HAD TO supply the maximum amoutn of the agreement under ALL circumstances and secondly what happens to Sequiqm assets under bankruptcy.

I doube very much if the agreement didn't conver this contingency. I also can't believe that anyone funding any company in financial difficulties would allow a company to declare bankruptcy which would nullify the companiy's opbligations to its major funder.

The other question is who holds majority control of the company and who can exercise the 110 million shares. Whoever has those shares has majority control and can put a new board in place which can then take whatever action it wants. Anyone have answers to those questions?