RE: Filed 14A - Yeah ha"Milverton Capital Corporation (“Milverton”),the largest single shareholder of Global 8 Environmental Technology,Inc. (the “Company”), and other participants in this solicitationdescribed below under “Persons Making the Solicitation” (collectively,the “Solicitation Participants”), are soliciting proxies to be used atthe Company’s July 16, 2010 annual meeting of stockholders"
"Milverton’s associate, Rene Branconnier, is the beneficial ownerof 8,450,379 shares of the Company’s common stock"
Name | | Number of Shares Beneficially Owned | | | Percentage of Voting Stock (1) |
Rene Braconnier | | | 8,450,379 | | | | 9 | %(5) |
(5) Includes (a) 6,716,060 shares of commonstockowned by Milverton Capital Corporation, of which Mr. Branconnier isa controlling shareholder,
"The Company and Milverton are parties to a certain ConsultingAgreement dated March 1, 2005 pursuant to which Milverton providestechnology, operations, maintenance, research & development,engineering and training consulting services. The Company owes Milverton$2,967,264 for services renderd by Milverton in 2009"Interesting.....
What did Milverton accomplish for G8 in 2009 worth $2,975,264?
That is a lot of money!