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Tuesday, October 21, 2008 3:49:00 PM
I just found out that NUBV is also in default with the agreement made with XND Technologies. It is only through Steve's desire to get this product launched that he is continuining through NUBV. But this is not good. So as I stated many months before, there was an agreement made of some sort regarding the aquisition, despite those who said there wasn't.
Steve is at the Las Vegas Water/Beverage industry convention and will be there until Friday. He is still working on getting private investors to launch this.
In regards to being at default with the State of Nevada, it would have been simple for them to file a response, but they have not as of yet (NUBV).
Jayger has signed a Letter of Intent and is expected to sign a formal agreement once funds have been acquired. Major benefits to NUBV once Jayger is secured.
Private investors seem to be the only way (and quickest) to get the additional $150,000. The investments would come with some type of protection/guarantee.
As far as the tranfer agent goes, I just got off the phone with them. She stated since they work for the corporations, they need to get approval from them first before handing out share structure info. Is that strange? Can someone fill me in on what they are obligated to do? Bascially, we all own part of the corporation. I also asked is it because of a gag order, and she said no.
Sorry if it wasn't exactly what we wanted to know. So far, in my opinion Steve has been the only one who is consistant and truthful in regards to what is going on and honestly seems to be the only one doing anything to get this water launched.
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