NexCen Brands Inc (fka NEXC)

[powerbattles]

I will holding all my shares until I read the full diclosure on aproxy statement and other relevant documents to be mailed to stockholders in connection with the proposed transaction. This statement said that under which BTMUCC will accept ONLY A PORTION
of the sale proceeds. NexCen Brands will retain the remainder of the sale proceeds, plus a portion of the cash on hand at closing. GLTA of you Its has been a long long time I'm holding on Nexc. I hope we all came out ahead on our investment here.

WE URGE INVESTORS TO READ THE PROXY STATEMENT AND ANY OTHER RELEVANT DOCUMENTS WHEN THEY BECOME AVAILABLE, BECAUSE THEY WILL CONTAIN IMPORTANT INFORMATION ABOUT NEXCEN BRANDS AND THE PROPOSED TRANSACTION.

In conjunction with the acquisition agreement, NexCen Brands and certain of its subsidiaries entered into an agreement with their lender, BTMU Capital Corporation (“BTMUCC”), under which BTMUCC will accept a portion of the sale proceeds, at the closing of the transaction, in full satisfaction of the outstanding indebtedness owed to BTMUCC. NexCen Brands will retain the remainder of the sale proceeds, plus a portion of the cash on hand at closing.