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Re: ShierCon post# 5002

Friday, 12/31/2010 12:43:04 PM

Friday, December 31, 2010 12:43:04 PM

Post# of 9524
Provision WON a default judgment against Betacorp Management in November, 2007:

Superior Court of California entered a default judgment of $3,337,820 against
Betacorp Management, Inc.  Additionally, the Company filed suit
against one of its distributors for breach of contract, breach of covenant of
good faith and fair dealing, intentional misrepresentation and coercion. The
court has issued a preliminary award in favor of the Company for $226,222. No
gain provision has been reflected in the accompanying financial
statements.

Its in the EDGAR filings.

Read and report filings properly before posting false/misleading information.

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