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Xilo

08/29/08 12:36 PM

#17847 RE: Kevin40 #17816

On this part, I'm not sure but it is a posibility that CCMJ was forced, with that note being paid off a few weeks ago, to transfer that 10% ownership that Drivers Alert had in CCMJ into stock. CCMJ might have been asked by the r/m company that is doing the take over, to get DA to agree to take shares in exchange of the note. This isn't confirmed but it is a likely scenario since Mr. Watkins confirmed that DA was not one of the r/m companies and the real r/m company would want a 100% ownership of CCMJ. This part about taking out that 10% is speculation on my part but it does make sense to me.