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Microcap & Penny Stocks : Rat dog micro-cap picks... -- Ignore unavailable to you. Want to Upgrade?


To: Eagle who wrote (10038)12/31/2002 10:52:57 AM
From: Bucky Katt  Read Replies (1) | Respond to of 48461
 
Looking for lower levels in both before I buy. I think TRIB may be in for a nasty surprise in that XTRN's countersuit will have serious merit given the fact they they can argue that a non-US company is attempting to put them out of business.
I think TRIB stepped on a land mine with what most would consider a petty weasel type legal action.

"Trinity's actions have caused irreparable damage to Xtrana's business, and we intend to aggressively prosecute our case against them, while at the same time pursuing our rights to foreclose on Trinity's US assets securing the amounts due Xtrana under the purchase notes, all of which can properly be accelerated if Trinity fails to cure the existing payment default."