Scepter Holdings Inc. (BRZL)

[packerfanbud]

I guess there is nothing more I can tell you. If an SEC filing that states it has been extended indefinitely isn't good enough for you

Subsequent to the above occurrence a Letter of Intent was executed, subject to certain conditions, whereby the Company would acquire the membership interests of Renfro Energy LLC and all of its assets, with certain exceptions. The closing date of June 1, 2010 has been extended by mutual consent indefinitely. Preparations are underway to prepare the documentation necessary to comply with regulatory
regulations.

http://sec.gov/Archives/edgar/data/1420924/000109635011000053/tenqa.htm

Here is the statment from the services agreement. Basically stating the deal is good for at least 2 years.

Term, Termination of this Agreement and Return of Property. The Term of this Agreement shall be for a period of one (1) year (the “Term”); provided, however, if the Company has engaged a party introduced to the Company by Consultant for any reason under this Agreement, then the Term of the Agreement shall be extended until such relationship has ceased. Further, the Term shall be renewed automatically for one (1) year terms unless either party provides notice that it is terminated within the final thirty (30) days of the Term. Neither party may terminate this Agreement but for Cause. Cause is defined as any intentional act of fraud, embezzlement or theft. In the event that the Services have been attained during the Term or during the 24 month period following the Term, with a party introduced to the Company by the Consultant, then the Company shall pay the Consultant all compensation due under this agreement within five (5) business days of closing of the Services.

http://sec.gov/Archives/edgar/data/1420924/000114420410031685/v187346_ex99.htm


Would you care to provide links that prove this is not correct?