InvestorsHub Logo
Followers 128
Posts 14663
Boards Moderated 4
Alias Born 04/15/2008

Re: BSIAFL post# 119637

Tuesday, 08/30/2011 11:06:24 AM

Tuesday, August 30, 2011 11:06:24 AM

Post# of 127409
ITEM 10 6/29/11; Board Authorizes the CEO to Pursue New Consulting Agreement;
In June 2011 the company was approached by a reporting oil and gas corporation trading OTC.BB with request for consulting assistance. The prospect client company is seeking consulting assistance for the development of their stock trading market, financing, acquisition of targeted assets and the development of Australian assets they currently control. In the event that Syndication executes the consulting agreement the Board declared that the proposed 10% common stock ownership position tendered as part of the overall compensation package should be included in the 2011, 3rd Quarter dividend distribution.