Spotlight Innovation Inc. (fka STLT)

[Ecomike]

You need to read the 8-K filed at the SEC 8 days ago, most of the questions you asked are answered there. Once the R/M is done with Spotlight Innov. Steve Harding will resign and the new guy will take over.

The oil company will be gone, the oil lease assets it seems are already gone, expired?

The plan is for the new CEO to bring VC and investment bank money, angel investors, and marketing experts together with recent new government funded University based intelectual property and the inventors (university professors) to help them form new companies to get the new IP off the shelf and into a commercial environment. Spotlight would collect fees and possibly stock in the new ventures for services rendered. The new CEO has already been doing this for a while at a prior private firm.