sounds like they've got a bit of a mess on their hands, maybe best to watch at a distance until this clears up. Not sure how it affects te real value of the asset they were aquiring.

"British Columbia Supreme Court ordered that the Transfer Agent release to Universal the Crosshair shares and warrants as scheduled under the Escrow Agreement.

Pursuant to the Escrow Agreement, Crosshair will release 5,715,000 shares and 4,284,000 warrants to Universal immediately with the final tranche of 1,429,000 shares and 1,074,000 warrants to be released to Universal on July 29, 2010. Each warrant entitles Universal to purchase an additional common share in the capital of Crosshair at CDN$1.00 per share until July 30, 2011 subject to early expiry in the event that the average trading price of Crosshair's common shares exceeds CDN$2.00 for a period of 20 days while the warrants are outstanding.

Crosshair is disappointed by the Order but emphasizes that it is in no way a determination of the ultimate merits of Crosshair's claim, which is scheduled to be adjudicated by the British Columbia Supreme Court beginning on September 20, 2010."