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Wednesday, August 31, 2011 6:01:13 PM
and thereafter plan to acquire Seawind International (such transactions are referred to herein as the “Acquisitions” and the entities are collectively referred to as the “Seawind Companies”).
The Company and the Seawind Companies expect to complete mutually acceptable definitive Acquisition agreements containing customary representations, warranties, covenants and ancillary agreements ..,
We can all agree that Seawind is visible, operating and pursuing new ventures, now they will not throw Seawind Int'l into the pot unless Rudana throws equal value into the pot,
So far Rudana has thrown.... into the pot? And I mean anything that is active and viable and has 3Power's name on it?
Rudana had valuable contracts and assets pledged to this merger, but which pledged items have the 3Power stamp on them?
I expect all this will explained once the PR's start flowing, I hope :)
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