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soupoftheday

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soupoftheday

Re: Phoenix-Rising post# 5150

Saturday, 08/29/2009 3:24:32 PM

Saturday, August 29, 2009 3:24:32 PM

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Lotta Coal Inc. has, in the process, sold its oil and gas interest to a privately held company in British Columbia for consideration of approximately $3,000,000 , which represents the accumulated debt owed to suppliers for the drilling and maintenance of its oil and gas wells in Northern Alberta . The sale of the oil and gas division leaves the company in a good financial position and the company can now concentrate its efforts on marketing the new technology.
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