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Replies to #4858 on NIR Group

stockmasterflash

06/02/11 9:42 AM

#4861 RE: twilko #4858

The settlement agreement says

$8 million payable in shares and a stipulation that the judgement (not agreement) is valid, all claims against NIR are dropped, and in the event of a default, Itronics stipulates to the enforcement of the judgement without going to court.

I don't need to be a judge, I can read what is written in black and white. I've also seen this play out twice previously EXACTLY they way this one is written.

suninthefun

06/02/11 11:06 AM

#4863 RE: twilko #4858

Our understanding of the law is far superior than yours or your buddies on the itronics board. We just dont drink from the same punch bowl.

NIR wasnt "winning" NIR "WON" and I bet that itronics will never release the settlement because twilko and crew will then continue to try to "spin" something that is clearly bad for itronics investors