Here is an email that a stockholder got today from the CEO. It was a cut-&-paste that he sent to everyone on his mail list:
"...Sorry about not replying to your email yesterday. (Got tied up and forgot.) Anyway, things are moving forward. The CPA finished her compilation report of the Company for Eco-Safe. I incorporated the financials in the most recent 15c2-11. This can be found on our website: www.naturalsteaks.com I will also be posting it on the Pinksheets website.
I will be surrendering the naturalsteaks website early next week as part of the settlement with my brother. That's why Eco-safe went ahead and gave me an email address.
We are scheduled to meet with Eco-Safe's attorney this week. Michael was trying to set up a meeting today, but most likely it will happen over the weekend. The attorney's wife underwent surgery on Tuesday, so his week has been messed up for the attorney.
I have all of the items on my list for closing. Michael has a similar list which he will share at the meeting. The meeting is primarily for the attorney to review my documentation and for me to review closing documents. It is my understanding that the attorney will have a draft of the closing documents, but I doubt if we will sign on the spot. There is usually some review time, and I will probably have my attorney review also. Once signed, we will immediately put out a PR.
I don't know who would be selling at this low price. All of the investors who got into the stock in 2003 based upon our original merger, I believe have sold. Shares that we sold through the offering that are restricted, have not been sold. They need my approval to remove the legend. So far I have only approved of about 100,000 shares from two investors who live overseas.
I think the selling is coming from investors that either bought a year ago on the open market and don't like to progress we are making. I wish we could have moved faster, but the biggest hold up was my brother. That took 3 months to recover. I now have his and my father's shares and their releases, which I will be showing Eco-safe's attorney.
In the mean time, Eco-safe has been moving forward with their sales. I don't know an exact number yet of their sales figures. Their customers are significant businesses and will be named in subsequent PR's.
I will email everyone after my meeting with Eco-safe and their attorney, as to a revised timeline. I suspect I will be announcing the closing next week.
Thanks, and if you have any questions, please feel free to call me or email me...".
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