Aquagold put out a response to that PR saying COHG tried to steal the contract from Aquagold. Either way it's just sour grapes from two people who called off a wedding.
Aqua Gold International Inc. confirms contractual validity with WBDB and legal action against Horace Sirois president and CEO of WBDB.
Legal action will be taken against WBDB for breach and Misrepresentation of China Water Distribution Contract to Coastal Holdings Inc.
May 11, 2007 / In response to Coastal Holdings Inc. press release of today, Aqua Gold International Inc. announces that it will be taking legal action against the WBDB for its misrepresentation of contractual facts. Aqua Gold International will take all necessary legal action to enforce the validity of its subsidiary company’s contractual agreement with WBDB. Aqua Gold International’s subsidiary company has exclusive distribution rights for the fulfillment of WBDB’s contract for 65 millions cases of water and has ownership of 50% of all profits from the fulfilment of this contract. Any alleged agreements pertaining to this specific contract of 65 millions cases water are without legal effect.
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