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Mountain Lake Resources Inc V.MOA



TSXV:MOA - Post by User

Post by SACKS1on Jul 05, 2010 5:40pm
310 Views
Post# 17245026

cousin gert?

cousin gert?you seem to b following this closley now this is my question?

 Moa owns 30 % of vlake and ric owns 70% now Moa has an option to get the remaining 70 %.
1 is there a deadline to buy that 70%?
2 can ric refuse to sell the 70%?
3 how much will it cost?
4technincslly mar owns 50% of the 30% stake so 15% total will mar end up owning 50 % after ric is bought out or willo mar still own 15 % while moa owns the rest?

Anyone else that can shed some light here is welcome to do so?
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