As we have discussed before, the Camelot connection appears to be a dead end. Camelot, formerly Bolyard Oil & Gas, is an inactive holding company controlled by Daniel Wettreich, that once had a 10% interest in Firecrest. Camelot terminated its business relationship with Firecrest in March 1996 and apparently sold its shares on the open market. If you have any additional information related to the Camelot/XSNI connection, please post it or send me a PM. I will be happy to track it down. From the Camelot Form 10-K/A:
sec.gov
"In November 1995, Registrant appointed Firecrest Group plc a public company, as exclusive distributor for DigiPhone in the United Kingdom and Ireland in consideration for $1,950,575 payable by shares equal to approximately 10% of Firecrest. ("Digiphone Rights") In March 1996 all relations with Firecrest were terminated and Registrant sold all its shares in Firecrest in market transactions. Subsequently, Firecrest sold its DigiPhone Rights to Meteor. In July 1996, Registrant sold the European rights to distribute DigiPhone to DigiPhone Europe Ltd which became a subsidiary of Meteor. The consideration was (british pounds)5,000,000 of loan stock which was subsequently converted into Meteor shares. In November 1996 Registrant sold the international DigiPhone rights to Meteor for (british pounds) 1,000,000 pounds of loan stock which subsequently was converted into Meteor shares. In May 1997, DigiPhone International, Ltd. a Meteor subsidiary, became the exclusive marketing company for all Third Planet products on a worldwide basis." |
