Spectacular Solar Inc (SPSO)

[negativegeforce]

Well, there are 2 sides of the story.

Joe Canouse, says

"mr. kendrick then resigned and attempted to rescind the merger with nhs due to remedies he did not fix while he was ceo. he did resign his position so that those remedies could be made but the claims nhs have are documented, paid for and recorded with the sec "


Seeker Tech says

"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."

Both JC and Seeker Tech are not saying what the problem was. Sounds to me like there was some skeletons in the closet which were not disclosed to Seeker Tech at the time they signed the agreement.

I am a very logic person. I am going to go with Seeker Tech's statement because their side of the story is alot more specific while JC's story sounds like hes just saying "its their fault" without going into specifics. It doesn't at all sound like Seeker Tech was out to fool everyone. More like the NHSH shell was out to fool them.

One question remains though. It would be nice to know what exactly was problem with NHSH that Seeker Tech had to bail.