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Pharma Investments, Ventures & Law Weekly

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Eagle Ventures International, Inc.



Eagle Ventures International Seeks Chapter 11 Reorganization



October 19th, 2008

(Pink Sheets: EGVI) Eagle Ventures International, Inc. ("the Company") is a holding company parent to various subsidiaries, including TelExtreme International, Inc. and Hydrate2O, Inc.

Eagle Ventures International, Inc. has filed for reorganization, pursuant to Chapter 11 of the U.S. Bankruptcy Code, in U.S. Bankruptcy Court, Boise, Idaho. The Company is in the process of reorganizing its business and is scheduled to file a plan for reorganization sometime in the fourth quarter of 2008.

Paul Peterson, the Company's Chief Executive Officer, said, "During the past several months it has become apparent to us that prospective investors were unwilling to...


Source: Pharma Investments, Ventures & Law Weekly (2008-10-19)

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