American Green Inc (ERBB)

[neilbolton]

It makes absolutely no sense for KC to oppose the merger. KC is CEO of MediaMax Technology and currently MediaMax has no assets other than a technology agreement that is worthless and some pre-paid accounting type fluff.

KC's renumeration is a substantial salary from MediaMax Technology and options to buy MediaMax stock at a price far north of where it is today. If the merger doesn't go ahead, MediaMax is dead. (Why keep up the expensive farce of they being a marketing company with international reach - we all know they are just 2 people sitting in the same office). So his options would be worthless and there would be nothing to pay his salary.

The only value lies with SunnComm, so it is in KC's interest to see the merger go through, as he will be CEO of the merged company.

I cannot see where Granite has any sway whatsoever over KC. I believe their exclusive contract to arrange financing has expired and I can't see their share ownership listed, so they have either no shares or a non-significant amount.