Hawk/MITK
' 9.17 Dissolution. Buyer and Seller hereby agree that from and after the
Closing Date, Seller will not engage in any new business, will promptly
liquidate and dissolve as a corporation, and will distribute the Buyer's Common
Stock, 2006 Series of Convertible Preferred Stock and its Common Stock Purchase
Warrants to a liquidating trust for the benefit of Sellers' shareholders,
pending compliance by Buyer with Securities and Exchange Commission rules and
regulations pertaining to a distribution of such shares.'
This is taken from 2008 June's amendment of the registration filing. It would seem to state that after the acquisition in Dec 2006 no further MS business should occur. This does not appear to have been the case. How does this equate with the recent new movement of MSRM?? This, of course relates to the existance of a 'cut-off' or not......only announceable after 'effectiveness/conversion'