Replies to post #4167 on Fonon Corp. (fka FNON)

[hukoyo]

No you are not correct they don't own anything in Dodge they cancelled the Agreement with Chiroswa minerals ! 'read the suspensive conditions 3 & 3.1 The Board and Directors shareholders had to pass a resolution within 7 days [this did not happen ]so the Sales Agreement is null-avoid and they declared the cancellation to SEC and on there web site

The second Sales Agreement look at it carefully is full of contradictions and is null-void because Groves did not have the authority to sell 100% he only had Authority to sell 50% as a Syndicate can not comprise of one person and he passed a board resolution making valentine one of the members of the syndicate and even put in the M.O.U agreement he signed with Meteron signed and initialed

[MabweKingPin]

There are in fact corporate decisions based on a wonderful rule for the benefit of Zimbabwe which Mabwe Minerals has left their foot print towards.

The Practice of Indigenation is one that benefits ordinary Zimbabweans as well as keep profit percentiles within the context of said benefit. The poverty of surrounding Harare in particular has been benefited by Mabwe and shares in the excitement of their very near first shipment.

Indigenation a brilliant law that does two very interesting things benefits Mabwe Investors in particular.

IF not for the 51% Zimababwe owned rule , that lack of a poison pill would leave MBMI investors open for say a large company like Halburton to buy out Mabwe for under a dollar and apply an equal trade in halburton shares for shares of mabwe, leaving us penniless.

With the advent of Mabwe qualifying for Indigenation 51% zimbabwe this is an issue stockholders never ever have to worry about..

This allows Mabwe to grow exponentially.

As for the accusation of Slashwood . Court records regard Gurupira as a hero in that he discovered the
Israel Firms employees embezzling from the company. His notification saved Millions.

The facts do not support the false accusation > Therefore i disagree with Pittboss22 post 100%.