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NuState Energy Holdings, Inc. (NSEH) Fails To Complete Pending Deal On Time

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NuState Energy Holdings, Inc. (NSEH) was scheduled to complete negotiations on the sale of a majority interest in the company yesterday. NSEH filed an 8-K with the SEC on October 1, disclosing that the company plans on restructuring its existing agreement with C.K. Williams, Jr. The agreement, which was entered into in August, was for 2 billion shares of common stock and a majority stake in NSEH for the price of $1 million. A previous 8-K report from September 18 announced the consent of a majority... more