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Re: Allisone post# 28299

Tuesday, 03/06/2012 2:55:46 PM

Tuesday, March 06, 2012 2:55:46 PM

Post# of 116870
Again you only post a portion of the 8K! That was part of the Item 1.01 Entry into a Material Definitive Agreement.

The rest is ass follows


Item 2.01 Completion of Acquisition or Disposition of Assets.

On September 12, 2011, we entered into a Share Purchase Agreement with Treaty Belize Energy (TBE). Under this agreement, (A) we purchased 400 Class A Voting shares of Treaty Belize Energy, LTD (“TBE”), which shares represent 4% of such class of shares; (B) we paid $100,000 in cash for such shares; and (C) we have anti-dilution protection. We also hold an option to purchase additional shares up to10% of TBE, at a total cost of approximately $500,000. In addition, we hold an option to purchase up to 15% ownership of Paradise Energy, LTD for up to one Year at a cost of $360,000, $25,000 of which has been paid by us as a deposit.

We acquired these interests with funds on hand. It appears that they did have the funds! Why else would they PR the completion after this date?

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