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ForReal

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ForReal

Re: august1991 post# 5961

Monday, 10/20/2014 3:26:37 PM

Monday, October 20, 2014 3:26:37 PM

Post# of 37067
Looks to me like PRG must think there is some real value in what they are buying here. As part of the deal they have to pay Than $720,000 and 4.8 million shares. That in addition to whatever other terms are a part of this merger. Seems like a steep price. If their only ambition was to go public, they could have bought a cheap shell and merged into it.

$15 million in revenue is not earth shaking, but nice for an OTC company. They are also assuming a lot of debt. If they are running a profitable company, they must have a good handle on business management.

This could be the start of a growing prosperous business.

Those that enter with certainty, soon realize doubt; While those that enter with doubt, will discover certainty.

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