Thursday, February 02, 2012 11:35:23 AM
I don't need to call anyone. The "deal" was called off - just like the previous "deal" that Raymond invented with his chum Stu in order to defraud the investing public:
"First, I want to establish that our relationship with Stu Hoebel, the Founder of Master Lease, is great and on-going. That said, while future acquisition opportunities might present themselves, the current objective of bringing MLOOS under the E1 umbrella has come to an impassable standstill. This is due to two factors. The first is the stance of a single minority shareholder within MLOOS and the second was the unfortunate participation or involvement of E1’s own common stock shareholders and their excessive contact with this minority shareholder within MLOOS, to the point where lawyers got involved. As a result, despite all efforts, all offers of cash and/or cash & stock, a deal cannot be reached at this time and we (Stu Hoebel and E1, as of COB Friday) have agreed to shelve all acquisition activity at this time - but we leave it open for the future."
"Quote:
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Boca Raton, FL, July 21, 2010 – CleanAirTek Holdings, Inc. (Frankfurt Stock Exchange: CAK) announced today that it has entered into negotiations to acquire Performance Maxx, Inc., a Colorado based, truck servicing business specializing in refurbishing and maintaining diesel equipment for owner-operators and regional trucking companies.
"CleanAir is bringing new and welcome solutions to the trucking industry. We look forward to adding our part to the growing enterprise," stated Stu Hoebel, President of Performance Maxx.
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Sound familiar?
It seems Ray and his buddy Stu pulled the same P&D with Ray's other company cleanairtek. Ray told me on the phone that Stu came to him due to hearing about the Middle East deal (I always wondered how stu knew about the ME as Ray never pr'd anything about it), but clearly that's not true. Ray never let on that he had a prior relationship with Stu and this also explains why Ray never mentioned Stu Hoebel's name in Pr's...was afraid it would show up on a google search. The SEC will be shuttering the doors here soon...Stu and Ray better put their running shoes on!"
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