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Re: The Real Titan post# 4126

Friday, 04/18/2008 9:03:22 AM

Friday, April 18, 2008 9:03:22 AM

Post# of 9504
I think one of us is misreading this. The filing I posted is for a company called Vital Products that OTG used to own but have sold. They currently owe OTG almost 1.5 mil at 20% per annum to be paid in monthly installments.
They (Vital Products) have also filed to become public and have received their effective notice from the sec. They have placed 1 million shares in a trust held for the owners of otg, now modi stock.
The shares will be distributed at the time that Vital products begins trading on the otcbb. They will be valued at the market price on that day. They will be distributed on a pro rated basis determined by MODI share ownership.
If I have this wrong please enlighten me