MOMO'S BREAKOUT BOARD

[balamidas]

GBGM is going at least to 0.0025 and here is WHY >>>>


The principal terms of the MERGER agreement are:

1-for GBGM to acquire 100% of Innovativ's stock and assets in exchange for restricted preferred and common shares of GBGM, valued at $4 million,

2-the redemption of the majority of GBGM's outstanding series B preferred shares and the retirement of $456,350 in GBGM debt.

3-Tom Coleman will replace Stephen Kern as CEO and the Company's name will be changed to Innovativ Media Group, Inc.




http://finance.yahoo.com/news/global-gaming-network-inc-signs-203000381.html

here is the WHY ?

the debt Retirement is one of the merger terms and it has been done in the pupose to allow the 4 million $ value of InnovatiV assets to be reflected in the pps of GBGM !!!

GBGM has around 1.9 B in O/S and is going to have a 4 million $Assets Injected into it



simple math will place this merger at 0.002 levels before any new developments

and retiring all the convertibles before the 4 million $ asset injection is going to allow the price to rise and meet the MERGER valuation


so i think GBGM is a buy and hold till then and we will see such levels soon




http://finance.yahoo.com/news/global-gaming-network-inc-signs-203000381.html