PuddingHere's a clip from a news release in October:
Stealth Ventures completes $350,000 second tranche
2010-10-27 01:52 ET - News Release
........
Outlook
The company continues aggressively to execute on its primary strategy of increasing its presence in the international oil and gas sector. An immediate focus was placed on India and, by leveraging the company's core competency and analyzing and developing high-impact unconventional oil and gas resource plays in India, Stealth is in advanced stages of negotiation with various companies for acquiring and building up a land position in India's unconventional resource sector. With its sustained focus of diversifying out of the North American gas markets and entering into the emerging international marketplaces, the company is drawing on its extensive unconventional resource play experience, expertise and technology, to position itself favourably in the early life cycle of such resource development with the ultimate objective of adding shareholder value and growth.
Seems to me that the deal is now done, 2 months later, and we are just waiting for the official news.