News Focus
News Focus
Followers 34
Posts 1649
Boards Moderated 0
Alias Born 08/10/2012

Re: None

Wednesday, 03/27/2013 11:36:34 AM

Wednesday, March 27, 2013 11:36:34 AM

Post# of 18231
Seeker-Tecnology Statement:

I contacted the company directly, because of recent events and asked them for information or some kind of statement concerning the recent history. They were very nice and responded and below is the letter they sent me.

According to them anyone at anytime can contact them with questions about the company.


Seeker Technology statement.
Mineseeker Operations Overseas Ltd entered into a share exchange agreement with Quasar in June 2010.
Quasar, as testified under oath by the Quasar lawyer, did not complete its investment to acquire a controlling interest in Mineseeker Operations. If Quasar had completed they would have acquired and now hold a controlling interest in the company, and Mineseeker would have been properly funded.
When it became apparent that Quasar was unable to complete the purchase of Mineseeker Operations and promised funding, it attempted to merge with NHSH. Unfortunately Mineseeker discovered that NHSH was incapable of fulfilling its obligations under the share exchange agreement. Furthermore, Mineseeker became aware that material facts were not disclosed. Mineseeker was advised by the NHSH SEC attorney that many of these issues were not capable of being remedied, and advised that the Mineseeker management could be subject to enforcement action by the SEC if it continued operating within NHSH. The letter of rescission and resignation of Mike Kendrick and Mark Dorey was sent to NHSH in October 2012. All of the shares were returned to NHSH immediately thereafter.
During that time The Mineseeker Foundation withdrew the licence to Mineseeker Operations to use its name.
Seeker Technologies was launched in January 2013, to develop the aerial survey business beyond that of mine field survey and mapping, including agricultural surveys, oil and gas and other associated opportunities.
The company and management are dedicated to addressing some of the largest global issues regarding land use, pollution and the efficient development of otherwise blighted land.
While Seeker Technologies sympathizes with these investors, their complaint is with the entities in which they invested and not with Seeker or its management.
The delays have held up the company for over two years and the management is now hopeful that it can now move forward without further hindrance to deliver innovative technical solutions to release the economic potential of some of the poorest nations on the planet whilst addressing a huge humanitarian catastrophe.







Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y