Replies to post #7375 on Spectacular Solar Inc (SPSO)

[sctts]

Well, there are 2 sides of the story.

Joe Canouse, says

"mr. kendrick then resigned and attempted to rescind the merger with nhs due to remedies he did not fix while he was ceo. he did resign his position so that those remedies could be made but the claims nhs have are documented, paid for and recorded with the sec "


Seeker Tech says

"Mineseeker became aware that material facts were not disclosed. Mineseeker was advised by the NHSH SEC attorney that many of these issues were not capable of being remedied, and advised that the Mineseeker management could be subject to enforcement action by the SEC if it continued operating within NHSH. The letter of rescission and resignation of Mike Kendrick and Mark Dorey was sent to NHSH in October 2012. All of the shares were returned to NHSH immediately thereafter."


Both JC and Seeker Tech are not saying what the problem was. Sounds to me like there was some skeletons in the closet which were not disclosed to Seeker Tech at the time they signed the agreement.

It would be nice to know what exactly was problem with NHSH that Seeker Tech had to bail.

It doesn't at all sound like Seeker Tech was out to fool everyone. More like the NHSH shell was out to fool them.

Are you trying to disrupt the Echo Chamber?

:)

[tom favata]

There was no problem period I raised the cash to buy the thing. If it was truly a concrete problem then disclose it and why after being with NHSH for over a year you find a problem afterwards??? It's called doing due diligence prior to the agreement. Mike has many agreements that he renigged on he failed to pay me 200k giving bs excuses failed to pay MO any monies after he promised he would pay him back in two weeks he renigged on a settlement with James Owens and also renigged on a settlement that he drew up with ED Cross never paying the man who was the only one who drew up the business plan of "Seeker Tech" and Ed had a way to monitize the teck by adding the overlays etc... Ed even gave mike personal monies to help the cause only to be screwed over by not only working for free but also not getting paid the personal monies he gave to mike kendrick. Mike's excuse was that Ed was not professional enough (Ed was the one who ran the demo on his own dime) and should not get paid??? Another BS excuse...