Salamon Group, Inc. (fka SLMU)

[sunbits]

AJ

i wouldn't throw away the value fo such a lawsuit so quickly..

1.Remember that Bryant sued MM for SLMU shares in California, a case which is ongoing.
2.Sunlogics PLC has been delisted by its new management from the German stock exchanges thereby limiting SLMUs ability to sell its PLC shares.
3. Visole Energy, the new name of Sunlogics Inc, is running around trying to raise 200million for GM projects http://tagenergypartners.com/news/
4. I have heard that Sunlogics didn't honor SLMUs right of first offer on some projects.

So what MM is doing is creating leverage against their lawsuit in California and pursuing the new CEO of Sunlogics Inc and Bryant because SLMU claims they have diluted the PLC share value for SLMU to almost nothing,through questionable manoeuvres .

While I agree that focus on business development and updates on reality of announced projects would be preferable, this move is understandable.I am not commenting on the voracity of SLMU claims against Bryant or Morris. I believe Bryant is a good man in his heart, yet was never involved in sufficient details to be able to comment on claims on how he operated SLMU.