Replies to post #19236 on STL Marketing Group, Inc. (fka STLK)

[quikfix]

Link to Costa Rican Law 7200/7508 as mentioned in my previous post http://investorshub.advfn.com/boards/read_msg.aspx?message_id=102094882:

http://www.acope.com/sites/default/files/Ley%207508%20en%20ingles.doc


This is straight off their Form 10 http://www.sec.gov/Archives/edgar/data/1569055/000149315213001414/form10.htm here:

The current legal framework allows a few options to generate electric power. Law 7200 / 7508 controls the provision of concessions for private enterprises and specifically delineates the process by which any private enterprise receives, operates and commercializes its concession. This law is applicable to limited capacity facilities selling to ICE in amounts less than 20 MW. Law 8345 specifically grants Costa Rican cooperatives the right to generate power and specifies other rights like the “right of way” and the power to appropriate via “eminent domain”. There are various cooperatives in the country charged with generation of power and, in some cases, other public services like street lighting, waste removal and sewage. These cooperatives bill their constituents directly, and as a group, handle half (50%) of the electrical distribution in the country with the other 50% is handled by ICE. The bylaws (as passed in Congress in Costa Rica), for these cooperatives, allow them to enter into agreements with private entities to develop their services. They do not need further legislative approval or bidding to enter into these agreements, so long as Costa Rican ownership levels are within the law (35%), that no Costa Rican government funds are used in the development, and that “a clear benefit is provided by entering into these arrangements”.