Solar Sells Controlling Interest in Planktos Corp.
11 12์ 2008 - 3:26AM
Business Wire
Solar Energy Limited (OTCBB ๏ฟฝSLRE๏ฟฝ) (๏ฟฝSolar๏ฟฝ) announced today that
it has sold its controlling interest in Planktos Corp. (Pink Sheets
๏ฟฝPLKT๏ฟฝ) to Maidon Services Limited. The purchase price was $200,000
of which $125,000 was paid on closing and the remainder with the
delivery of a convertible promissory note of $75,000 payable within
fourteen months of the transaction. Maidon is a private company
incorporated in Nicosia, Cyprus. Solar continues to explore
prospective business opportunities and intends to transition to
operations in the New Year. Solar๏ฟฝs corporate office has moved to
Palm Desert, California. Forward Looking Statements A number of
statements contained in this press release are forward-looking
statements within the meaning of Section 27A of the Securities Act
of 1933, as amended. A safe-harbor provision may not be applicable
to the forward-looking statements made in this press release
because of certain exclusions under Section 27A(b). These
forward-looking statements involve a number of risks and
uncertainties, including the sufficiency of existing capital
resources, and uncertainties related to the development of Solar๏ฟฝs
business model. The actual results that Solar may achieve could
differ materially from any forward-looking statements due to such
risks and uncertainties. Solar encourages the public to read the
information provided here in conjunction with its most recent
filings on Form 10-K and Form 10-Q. Solar๏ฟฝs public filings may be
viewed at www.sec.gov.
Solar Gold (CE) (USOTC:PLKT)
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