Replies to post #21422 on Scepter Holdings Inc. (BRZL)

[~ Blue ~]

he owns both companies man.. very simple can sell all his asset with 1 dollar value to BRZL.. you must be kidding

[tob999]

You are sooo confused. Renfro has the money and is buyin the shell in the form of addin value to the share price. If he has to lend BRZL the cash to 'buy' his private company i'm sure he will! lol. It is FINRA that is holdin things up.

[packerfanbud]

oh you just reminded me that you never responded to a previous question of mine.

you can find the original question here for frame of reference.

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=63584132

So you choose to hold tight to that part of the LOI, but outright ignore the fact there is not a deadline??? Why is one absolute and the other immaterial?

7. Term, Termination of this Agreement and Return of Property. The Term of this Agreement shall be for a period of one (1) year (the “Term”); provided, however, if the Company has engaged a party introduced to the Company by Consultant for any reason under this Agreement, then the Term of the Agreement shall be extended until such relationship has ceased. Further, the Term shall be renewed automatically for one (1) year terms unless either party provides notice that it is terminated within the final thirty (30) days of the Term. Neither party may terminate this Agreement but for Cause. Cause is defined as any intentional act of fraud, embezzlement or theft. In the event that the Services have been attained during the Term or during the 24 month period following the Term, with a party introduced to the Company by the Consultant, then the Company shall pay the Consultant all compensation due under this agreement within five (5) business days of closing of the Services.

http://sec.gov/Archives/edgar/data/1420924/000114420410031685/v187346_ex99.htm

[IronPantz]

I believe BRZL already has the money and already made the deal. But if not...Then it's all the easier for Weiss to raise the money based on the letter of intent and the fact that Renfro is pumping oil as we speak. He could be pulling in 1 million a month based on Packer's last posted dd. The lease will be valued much higher on current production rates. How hard is it to raise 700k for something pulling in one million a month? Not very. This baby will fly.