Boron One Holdings Inc V.BONE

Legal Action

[ListenandLearn]

From the most recent MD&A:
Erin Ventures Inc. has undertaken legal action against Elektroprevreda-Serbia (the Serbian government’s wholly owned, national power corporation). Erin is seeking compensation regarding the Piskanja boron property in Serbia. This claim seeks monetary compensation for losses and certain damages, totalling approximately US$15 million. Erin has retained Serbian legal council that has agreed to conduct their services on a contingency basis, receiving 5% of any financial reward received by Erin regarding this matter. All court fees and other miscellaneous costs regarding this matter have been advanced and Erin does not expect any further material costs relating to this settlement of this matter.


A little earlier in this century:
In a news release dated January 24, 2006, Erin reported that it had commenced the process of legal action against Elektroprevreda-Serbia (the Serbian government’s wholly owned, national power corporation). Erin is seeking compensation regarding the Piskanja boron property in Serbia. This claim, the first step in an anticipated larger litigation strategy, seeks monetary compensation for losses and certain damages, totalling approximately US$15 million.

WOW, 15 years !! and not a single uipdate. .... WTF EV !?

[iamlickzy]

This is just another testament to the Bush league management running the show here and their lack of updates and transparency. I wanna say 15 Million USD would have gone a long way but with those 2 idiots at the helm, it's tough to say. On the plus side, the lack of cash has kept Lanny on the books, spreading his BS and selling countless private placements, so him and his 2 lovers can keep