Sunday, November 23, 2008

Bruce Willis Joined Malaysian Investors

The infamous Hollywood actor, Bruce Willis, starring in many action packed movies such as Die Hard joined Malaysian investors, Petra Group, in investing in a USA company known as Elastomer Technologies Ltd ("ETL"). Tried to google the company's name but nothing surfaced. ETL was supposed to venture into the business of devulcanisation of recycled rubber compound .... whatever you call it.

Bruce Willis has finally found someone that matched his robust movie character and required the US court to intervene. Bruce Willis exercised his option in calling back his investment in ETL but the money was delayed which warranted him to issue a legal demand against ETL for the return of his US$900,000. Maybe economy is really bad in USA ............

Rumours were saying that even Al Gore and Mel Gibson were involved in the business too. Anyone can confirm? This could be the reason that pulled Bruce Willis into the investing team.

The case between Bruce Willis v. Elastomer Technologies Ltd is lodged under 08-7670, U.S. District Court, Central District of California.

Reading: Bruce Willis Sues Malaysian Group Over Rubber Venture - Bloomberg
Tags: Bruce Willis, Petra Group, Elastomer Technologies Ltd, Devulcanisation, Al Gore, Mel Gibson, U.S. District Court, Central District of California



Anonymous Anonymous said...

Hi I am new to your blog and I just wanted to say how much I’m loving it

24 November, 2008 00:28  
Blogger Johnny Ong said...

sorina - well, thank u

24 November, 2008 03:00  
Blogger foongpc said...

I thought Mel Gibson were reportedly very happy with his investments?

24 November, 2008 21:16  
Blogger Johnny Ong said...

foong - yes for mel, no for willis. apparently it's now reported that the issue arose due to investment in anor company

25 November, 2008 01:09  

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