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Microcap & Penny Stocks : APPI - Advanced Plant Pharmaceuticals Inc. -- Ignore unavailable to you. Want to Upgrade?


To: mogo who wrote (1010)8/9/1999 1:25:00 PM
From: Terry D.  Read Replies (1) | Respond to of 1263
 
Mogo, from the filing.......
On July 16, 1999, the Company entered into a Technology Purchase Agreement with Mr. C.J. Lieberman whereby the Company acquired exclusive rights and interests to the Process which utilizes virtually the whole of the nutrients
found in plants to manufacture herbal dietary supplements. Pursuant for such agreement the company is required to issue 18,000,000 shares and may be required to issue an additional 25,000,000 shares of its common stock to C.J. Lieberman
(See Section entitled (Certain Relationships and Related Transactions).

I was under the assumption we already owned the rights. I guess a person shouldn't make assumptions with these pennies.