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Tuesday, September 23, 2008 10:35:55 AM
The issuer has also identified a public company trading on the Frankfurt Xetra exchange that will acquire the China Marketing Cosmetics company EEIGI on all stock basis. Unlike the USA markets where dividends must be issued from treasury in a form of restricted stock there is no such mandate in Germany. The majority of the purchase price will be paid to long term MONA shareholders. The corporate advisors are currently working out the details of this which will be released shortly. In addition work on a new website for EEIGI's proprietary line of all natural Health and Beauty Aids (HBA) is nearing completion.
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