To answer a question that came by PM, Watercolour Holdings was formerly United Specialties Inc., something that shows up when you search the CIK. A search of Watercolour Holdings on Google brought up this article which confirms that fact:
Watercolor Holdings, Inc. f/k/a United Specialties, Inc. Announces New Agreements Market Wire, December, 2006
Watercolor Holdings, Inc., a publicly held Colorado corporation f/k/a United Specialties, Inc. (PINKSHEETS: WCHG), announced today that it has entered into two agreements to aid in its development of operating businesses at multiple locations for renewable energy sources.
Watercolor has entered into an Agreement with Plasma Arc Consultants, Inc., led by Dr. Louis Circeo, to help in its plasma gasification project..... etc.
It is my understanding that the plasma energy plans are no longer in view as the company has been unable to move ahead now for over one year due to the registration revocation last year. However, there are new possibilities in view (details to be released at some point - hopefully soon), so that this shell will have a positive plan when its registration is renewed.
NL
I am on the cheapie plan, so can't PM. Please use email: lion@ldj.net
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