Ashanti Sankofa Inc V.ASI.H

I guess you didn't read this...

[boffo]

so I have high lighted the key points.Now if Norcan can't raise $25,000 for their property payments how can they take AMI to the Supreme Court?? AMI trades at $.50 and NRE trades at .02 I think you are a little confused about which company you should be mad at. Do you have some other motive??? HANFD "AMI as the Operator prepared an interim budget for the Adumasa Project, which included the renewal and licensing fees for all concessions. The Board of Directors of both NMC and Vista approved the interim budget for the on-going maintenance and licensing fees. Norcan Resources Ltd., a minority shareholder in both NMC and Vista, failed to advance its proportionate share of the approved budget and has been diluted to a 1% net profit interest in both NMC and Vista as per the Shareholders' Agreement. Norcan has invoked the arbitration provisions found in the Shareholders' Agreement between it and AMI governing the affairs of both NMC and Vista. AMI HAS TAKEN THE POSITION THAT NORCAN HAS FAILED TO PROPERLY DISCHARGE ITS OBLIGATIONS to avail itself of the arbitration remedy found in such Shareholders' Agreement, and is proceeding on the basis set forth above. If Norcan is successful in securing a decision from an arbitration panel which varies the outcome of the budget process discussed above for either or both of NMC and Vista, and such decision is UPHELD BY A COURT OF COMPETENT JURISDICTION as binding on AMI it is possible that Norcan will possess a minority interest in NMC and Vista greater than its 1% net profits interest. "