Searl International Space Research Consortium
Date: Saturday, November 15, 2003 @ 20:38:44 GMT
Topic: Legal


Sadly, as no doubt some of you will be aware, there are some rather unpleasant accusations being published on the web levelled at SISRC Limited.

While we have no intention of entering in to a public 'slanging match' we feel it is only right that we issue a statement on our own behalf.

For those of you that are interested in the technology, please rest assured that every effort is being made to continue the work. Indeed, our attempts to complete this work seem to have brought about the current state of events initiated by other parties.

As regards SISRC Limited, the company is very much in existence. For those of you that require confirmation of this fact, Companies House here in the United Kingdom have kindly given us a number for you to ring - 0044 0870 3333636 and they will confirm the fact that the company has never been shut down.

Regarding claims that the company was closed down in 2001, you might find the following extract from company law of interest -

Under British Companies Legislation 2000, no duly elected company director or shareholder can be sacked, nor any court action be constituted against a board of directors, or shareholder’s board decision made by a vote, by a director or shareholder. Nor can such a director or shareholder close down a limited company, unless action is brought by he or she who holds a minimum of 17% of the total shares in that company.

One of our directors did indeed resign in June 2003 as will be confirmed by Companies House. We have now retained the services of Peter Searl and are delighted to announce that we are pursuing new lines of research with other interested parties and are very optimistic of the outcome.

Thank you for your time in reading this. Once again, please be assured that we have the interests of our investors at heart and are continuing to pursue the development of the technology with renewed vigour.

SISRC Limited.






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