Some great points to consider. Pay out order, 9% per day...
how does that work again? <s>
The Company acquired Network Electric Company for a Pay Out Order to
be paid from funds due to the Company.
The Company entered into a Joint Venture Agreement with Striker Gold Mines, Ltd.
to invest six bank guarantees from Bank BNI Indonesia to be used in an
Investment Program that will regenerate 9% per day and the Company will receive
50% of the profit. The program is ready to start in about 30 days.
The Company entered into an agreement with Las Vegas Entertainment Network,
Inc., a publicly traded Company listed on the small caps of the NASDAQ Stock
Exchange were the Company has given the right to LVEN to use one of the
guarantee issued by Bank BNI Indonesia and loan a Gold Certificate (Restricted)
for 10,600 troy ounces of gold and the Company received 3,000,000 (Restricted)
shares of Common Stock from LVEN.
NOTE 11:
The Company acquired Network Electric Company on September 19, 1999,
a Nevada corporation engaged on the business of electrical contractor
for the sum of $20,000,000 payable by a Pay Out Order No. 0000887531
to be paid out from proceeds of the loan for $400,000,000 from U.S.
Guarantee Corporation or, in the even such funds are not forthcoming,
from proceeds of the trading program with Striker Gold Mines, Ltd. |
