Replies to post #496 on DH Enchantment Inc (ENMI)

[looneystocks]

Not everyone are haters...just alot of people has felt that they been burned..

and now there are some questions being asked on the yahoo board....this is part of a message from the yahoo board...

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Interesting reading on the last financials of ENMI...

It seems that the management of FMNJ started another company called Franklin Oil and Gas in March, 24, 2008.

It seems by the financials of ENMI, that this company was what ENMI paid the 130 million shares for and was distributed amongst the owners of this company.

My question comes how did they transfer the projects from Franklin Mining, Inc, to this new company they formed? Isn't that theft of assets from a public company having it transferred to this private company without compensation to the public company and shareholder approval?

This must be why they never did a stock distribution to FMNJ shareholders.
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Since current controlling shareholders and officers of ENMI used this to get ENMI. I am curious to what kind of liabilities ENMI can be held to if the answer to the above question is not favorable.