That's absolutely amazing!
Perhaps not enough attention to detail, though. There's no hyphen in "Colgate Palmolive". And then they screw it up even more in the exhibit, calling it "Colgate-Palmovile".
But this is the best part:
Pursuant to the Merger Agreement, Merger Sub merged with and into Stakool Inc with Buddy Media surviving the merger and becoming a wholly owned subsidiary of the Company. In connection with the merger, the Company paid approximately $875 million in cash and approximately 1.4 million newly issued shares of Company common stock, par value $0.52 per share (“Company Common Stock”). In addition, the Company issued approximately 287,000 restricted shares of Company Common Stock to the founders and the holders of restricted stock of Buddy Media, in each case subject to forfeiture in certain circumstances upon the termination of their employment with the Company or its subsidiary.
Now THAT is over the top, even for penny scammers. Why not make it an even billion?
