Re: My take.....skeedad
in response to
by
posted on
Apr 15, 2008 06:32AM
The "OTG" we bought is now a privately owned company (wholely owned by FTS Group)....the previous publicly owned "OGOH" has nothing to do with our company, and in fact no longer exists, having changed its focus and symbol to MODI....we bought the "business" and "product supplier" debt and put it into our new private corporation that is not required to report to the SEC....
This is no different than FTS owns See World....but is different than our new 60% stake in "Elysium Internet" (a publically owned corporation that trades on the stock market and must report filings to the SEC)...
Soooooo...the reason for the OTG referral to FLIP filings is now obvious...it is a privately own subsidiary of FLIP...