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Re: None

Wednesday, 12/23/2009 6:24:59 PM

Wednesday, December 23, 2009 6:24:59 PM

Post# of 203990
Reading the court approved agreement between Basu and the creditors committee, the second paragraph re: conditons prior to release of any funds Basu generates, There is a provision that a settlement of disputes between Nigeria and and debtor be secured additionally, worldwide mrketing and distribution rights must be granted to debter. Question for Monty, is it possible that the nigerian government would grant the rights to Nicosen to the debtors committee, if not granted then the whole Basu deal falls through. I know you are in quite period, however this requirement of worldwide rights being restored will be the determining factor as to the success of either plan.

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