Tuesday, February 26, 2013 12:11:27 PM
The purchase price and main terms have been agreed upon and will be satisfied with a combination of cash and a promissory note
http://ih.advfn.com/p.php?pid=nmona&article=55711572
I don't believe Chavez is going to screw himself over as he is a large shareholder already in FIMA.
http://ih.advfn.com/p.php?pid=nmona&article=54217741
Mr. Marco Garduno-Chavez, the majority shareholder of Fima, reports that he has terminated the appointment of Mr. Manjit Sahota as a Director and Officer of Fima effective immediately. In addition, the company is no longer in engaged in discussions with Mr. Sahota or any related entities for the purchase of oil or gas assets.
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