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DrD

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Alias Born 12/27/2000

DrD

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Re: DrD post# 1745

Tuesday, 09/20/2016 6:11:30 PM

Tuesday, September 20, 2016 6:11:30 PM

Post# of 3682
Yes, that's an $85 Million valuation.

"Concierge Technologies, Inc. (CNCG) (the "Company"), today announced that it has entered into a definitive agreement with Wainwright Holdings Inc. ("Wainwright") and certain shareholders of Wainwright to acquire shares of Wainwright representing approximately 97% of the issued and outstanding shares. Prior to the closing, the Company intends to make offers to acquire the remaining shares. If the Company acquires 100% of the issued and outstanding shares of Wainwright, based on a valuation of $85 million and a per share price of Company common stock of $0.0845, the Company will issue 818,799,976 shares of Company common stock and 9,354,118.85 shares of Company preferred stock in exchange for the Wainwright shares."

http://finance.yahoo.com/news/concierge-technologies-enters-stock-purchase-224100505.html
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