EMPOWER TECHNOLOGIES CORP V.EPT

NNL and Northstar's assets

[axis360]

Empower now has the right to take possession of the assets of NNL and Northstar Electronics following 'such' a default under the loan agreements and the related general security agreements"

"such" This is the key word here. Maybe they were just waiting for this all along. Now they can take control of the assets of NNL and Northstar and it will cost much less than we expected. I think it was a smart play on Leung's part. I think he knew it would come to this from the start hence all the delays. They(NNL, Northstar) defaulted so if Empower has the legal right to their assets then take them! This is just my opinion.

[JohnBoy4]

I'm pretty happy with anything positive right now. JB

[walker77]

If axis360 is correct and this has been a ploy all along then I am ashamed to be an Empower shareholder. Does anyone with integrity and a sense of fair play want to be a shareholder of a company that uses deciept and manipulation to gain the upper hand in a business deal and take a mans company out from under him? Dr. Wilson Russell has worked hard to develope his company and now

[Bella1]

do you really think that Northstar is just going to hand over there essets without a fight that means court costs that Empower doesn"t have the cash to proceed with.

[axis360]

May be it didn't start out as a takeover but thats they way it might turn out. Hostle take overs happen ALL the time in Business. NNL and Northstar are the ones who 'didnt' live up to their part of the agreement. If they had the deal would have went through as AGREED by all parties involved. Do you think a bank or mortgage lender would take pity on you if you didn't make your

[axis360]

Maybe it didn't start out as a takeover but thats they way it might turn out. Hostle take overs happen ALL the time in Business. NNL and Northstar are the ones who 'didnt' live up to their part of the agreement. If they had the deal would have went through as AGREED by all parties involved. Do you think a bank or mortgage lender would take pity on you if you didn't make your

[axis360]

Maybe it didn't start out as a takeover but that's the way it might turn out. Hostle take overs happen ALL the time in Business. NNL and Northstar are the ones who didn't live up to their part of the agreement. If they had the deal would have went through as AGREED by all parties involved. Do you think a bank or mortgage lender would take pity on you if you didn't make your

[axis360]

I edited 3x and somehow they all were posted.