Environmental Packaging Technologies Hldgs Inc. (EPTI)

[Big Brother]

Yep noticed that, was watching closely yesterday in case the ask started getting hit I was going to grab some more. Seems like they want to start this @ $1.00 post merger, which seems pretty reasonable give the limited number of shares available. Remember the largest IMST shareholder is retiring/cancelling all their shares in lieu of $500K which EPT is paying.

So EPT is essentially buying out the largest shareholder for $500K and getting issued 40M shares. It's a little bit different then the way most RM's are structured but the end result is the same, EPT takes control of the shell and will own about 77% of the o/s, 8 other IMST shareholders will hold the bulk of the rest I believe.

In the vast majority of RM's that I see, the incoming company typically pays around $300K + or - $75K for a controlling block of shares of a shell. Generally the higher % the more $$$'s. $500K for 77% is definitely on the higher end, which makes me think that they are expecting very good results, you don't pay that kind of $$$'s if you are going to tank the stock. IMO I think they are looking for $5.00+ out of this, which could could easily be achievable with this SS.