Replies to post #6427 on FormCap Corp (FRMC)

[buccaneer1961]

i believe from all the posts they gave it up

[Manti]

This statement is reiterated about a half dozen times in the 10k:

On February 15, 2011, the Company assigned all its rights in the leases to Rich Investments Ltd. (“Rich”) and Leare Developments Ltd. (“Leare”), under the terms of a loans settlement agreement whereby Rich and Leare accepted the assignment of the leases in full and final satisfaction of the outstanding indebtedness of the Company to each of Rich and Leare.