GREY:ETPHF - Post by User
Comment by
vectorcanon Feb 13, 2012 7:43pm
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Post# 19528449
RE: BE CAREFUL
RE: BE CAREFUL Don't make a statement like that without backing it up or you end up looking like an idiot. G&B and Ethiopian consummated that option agreement. That's why Bruce C and Roach own half the effin shares. What do you think he's going to back out now while holding 8MM FED shares. What the eff are you smoking?
Concurrently with and as a condition to the completion of the RTO, on Wednesday, March 9, 2011, the Company completed the closing contemplated under the option agreement (the "Option Agreement") between EPC, G and B Central African Resources Ltd. ("G&B") and the shareholders of G&B as amended and restated as of October 18, 2010, as further amended. As a result, the Company was granted an option to acquire all of the issued and outstanding shares of G&B and thereby acquire G&B's 100% interest in certain mineral property permits in Ethiopia known as the "Danakil Potash Permits".