InvestorsHub Logo
Followers 2
Posts 741
Boards Moderated 0
Alias Born 09/18/2009

Re: A deleted message

Monday, 03/08/2010 8:51:35 AM

Monday, March 08, 2010 8:51:35 AM

Post# of 72328
If I recall correctly, you were someone that didn't want us to contact the CEO (he's better off making sales!), so why bug him about something that can be easily looked up?

This is from the last 10Q:

On February 24, 2009, the Company entered into an Exclusive License and Sales Agreement whereby the Company has worldwide exclusive rights to manufacture, market use, sell, distribute and advertise certain licensed products. The license is on a year to year basis with automatic renewal subject to the Company re-acquire listing on the OTC BB exchange by February 14, 2010 and files all quarterly and annual reports by due dates, inclusive of allowable extensions.



What this tells us is that as long as they trade on the OTC BB, and they file their financials in a timely manner, they can sell this bulb as long as they like.