Thursday, October 28, 2010 11:38:08 AM
SANTA ANA, Calif., Sept. 15, 2010 (GLOBE NEWSWIRE) -- BioCentric Energy Holdings, Inc. (Pink Sheets:BEHL - News) President Monique Berry provided the following shareholder update:
Ms. Berry stated, "BioCentric Energy and BioCen (Pink Sheets:BNPD - News) are finalizing their negotiations this week for the acquisition of all BEHL assets. The assets include, but are not limited to, BEHL's intellectual property, all components, equipment, inventory, PBR systems and client contracts. "
So one's supposed to read between those lines to know that, according to the behl promoter/mystery investor who gets all the tough questions answered immediately:
----------------------------------------
Question: After this acquistion, does BEHL still have assets?
Answer: Yes, BEHL has all the hard assets like equipment, tools, heavy equipment, vehicles, everything needed to build PBR's.
Question: How about financial assets like cash, accounts receivable, stock, and others you had before the acquisition?
Answer: Those are BEHL assets, BNPD did not get those, BEHL still has those. BNPD has their own books and BEHL has their own books.
Question: What assets did BNPD get? The PR's are confusing on this as the PR says "All" assets.
Answer: It is confusing I agree, the PR should not said it like that. Basically what BNPD got was intellectual property, and some employees.
--------------------------------
i mean clearly from that PR above, if you read between the lines you would know the above answers!
ZenaTech, Inc. (NASDAQ: ZENA) Launchs IQ Nano Drone for Commercial Indoor Use • HALO • Oct 10, 2024 8:09 AM
CBD Life Sciences Inc. (CBDL) Targets Alibaba as the Next Retail Giant for Wholesale Expansion of Top-Selling CBD Products • CBDL • Oct 10, 2024 8:00 AM
Foremost Lithium Announces Option Agreement with Denison on 10 Uranium Projects Spanning over 330,000 Acres in the Athabasca Basin, Saskatchewan • FAT • Oct 10, 2024 5:51 AM
Element79 Gold Corp. Reports Significant Progress in Community Relations and Development Efforts in Chachas, Peru • ELEM • Oct 9, 2024 10:30 AM
Unitronix Corp Launches Share Buyback Initiative • UTRX • Oct 9, 2024 9:10 AM
BASANITE INDUSTRIES, LLC RECEIVES U.S. PATENT FOR ITS BASAFLEX™ BASALT FIBER COMPOSITE REBAR AND METHOD OF MANUFACTURING • BASA • Oct 9, 2024 7:30 AM