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pennypincher156

11/06/10 9:05 AM

#142 RE: KinGSolomonsPOOLs #141

Just some quick info on MMBF per the 8-K filing:

The Company also entered into a License Agreement with Momentum, which grants the Company the right to use, improve, sublicense and commercialize the intellectual property described in the Agreement, in exchange for a 3% royalty on the gross and collected revenue received by the Company from the sale of bio-diesel and related products and from revenues received by the Company from its proposed commercial sand business.Momentum assigned its royalty rights to its parent, (Momentum-Colorado) in exchange for 40,000,000 common shares of Momentum-Colorado, which was equal to approximately 39% of the issued and outstanding stock at the date of the License Agreement.The 40,000,000 shares are subject to a non dilution agreement.

Hunt BioSolutions, Inc., a Texas Corporation is a wholly owned subsidiary of Hunt Global Resources, Inc., owns and operates a state of the art low pressure, low temperature, and continuous batch, 20 million gallon biodiesel and industrial biofuels manufacturing plant that is complete and prepared to be fully operational.(Via Hunt's webaite)



(according to pinksheets)
Shares Outstanding 93,224,444
Hunt deal share transaction -40,000,000

Total float=53,2224,444