Hmmm...let me extrapolate this post...You wish for me to send an email to Mr. Kendrick to stop ripping off shareholders...is this correct? Let me break this down for everyone then. First off, how many companies are out there right now doing commercial land mine recovery? Anyone? Right...none. That has been left to military and government officials. The technology used is NOT earth shattering...does it need to be? No. Why? Who are Mineseeker marketing to? Commercial companies looking to reclaim lands for resources such as farming, mining and oil and gas for starters. Second, the humanitarian effort...who benefits from this? EVERYONE. Hence the need for a "For Profit" and a "Not For Profit" seperation. Now...that being said, I am awaiting a copy of the agreement between Mineseeker and Quasar to see just what details and obligations were laid out. To date I have it on good authority that Mineseeker began fulfilling there end and rec'd $1.7 for doing so. The agreement signed expressed this as a "Non-refundable" option to continue with Mineseeker. Soooo...this leaves the additional $8.3 million that Dean (through dilution) could have easily raised. So this leaves the question...where EXACTLEY did Mr. Kendrick and Mineseeker RIP OFF ANY SHAREHOLDERS? Where is the $8.3 million that Dean could have raised to satisfy our obligation to MS and thusly secure our future with them? Ripping off shareholders...what a joke...
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