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luvthemtrainz

11/16/04 1:33 PM

#7160 RE: Caradoc #7159

Hi Caradoc, long time no see.

I guess the most abridged version of this soap opera would be that both Snaper and the new President are claiming ownership of the patent. The court case that was supposed to have happened last month has been delayed until January at which time a ruling on the ownership might take place.

Lawsuits are flying on both sides (Co and Snaper)and there is supposed to be a warrant out for Elbee's arrest should he set his leather-jacketed butt in the state of Nevada. Apparently he showed up to see the judge and turn over some documents fairly recently and didn't get thrown in the clink which leads me to wonder about the accuracy of the warrant claims.

There has been virtually NO mention of anything other than the reticulated battery for several years now. No NiFe, no MicroDry, no Pipe-link, no cash cow, no Ferrari, no kilts, no party, no nothin'.

You're about as up-to-date as I can get you, Caradoc. Have no idea which way the wind is going to blow this one, but with many hundreds of millions of shares authorized, it won't take much of a wind to blow it away -- IMO, of course.