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Re: Patience to success post# 66327

Friday, 02/03/2017 10:41:57 PM

Friday, February 03, 2017 10:41:57 PM

Post# of 68424
It seems that the more they diversify and deal...the lower the SP goes.
This is the latest:

"FORM Holdings acquires Excalibur Integrated Systems as a bolt on to its Group Mobile subsidiary; Excalibur shareholders will receive 888,573 shares of FORM Holdings common stock
February 03, 2017
08:37 AM ET
Briefing.com

Excalibur Integrated Systems is an end-to-end solutions provider of mobile hardware devices, wireless network security, data networking, mobile solutions application development and software solutions.
In 2016, Excalibur generated over $5 million in revenue. Under the terms of the agreement, Excalibur shareholders will receive 888,573 shares of FORM Holdings common stock."

So does this mean more dilution, or will they use that cash on hand.
Also, 888573SH x say $2.15 = $1.91M paid for a company that did $5M in revenue last year.....something don't sound right, or again, we are not being told the whole story.