To all concerning SPQ/UC/KWG
posted on
May 05, 2008 10:33AM
So as to set fact to the contractual issues regarding the above mentioned participants. The reason for the delays in the contractual agreement pertains to issues between SPQ and KWG. UC's position is iron clad as far as legal is concerned and remaining issues involve SPQ and KWG hammering out the details of their respective positions according to U.C. admin. In addition, UC's institutional investors are guaranteed that UC's position is as stated above. So if there are to be any concerns, it may be province of those considering what the disposition of percentages will be between SPQ and KWG. I'm open to any number of possibilities for change, however, in light of the above, there are some things that are more likely than others.