Here's an email reply from $EHSK's CEO about the potential asset sale and the outcome...
Dear Mr xxxxxx,
Assuming the transaction goes forward Enhance will have investments being shares in Biosurface Ltd which have been valued at $3.5Million at current exchange rates and no liabilities. The Board would consider its option longer term in respect of those shares which may be sold and/or distributed to shareholders based on tax and regulatory consideration in best interests of shareholders. The value however could go down or up based on Biossurface and its strategy and exchange rates. We will be able to say more about the future strategy and Biosurface at time of asset sale.
I trust that this helps in interim.
Kind Regards,
Donald Nicholson
President & CEO
Enhance Skin Products Inc.
020 7226 8482 London
01349 867425 Scotland
Hopefully this clarifies things for everyone? Sounds good to me :)
$EHSK
I just noticed it in my junk email folder :0
"One of the funny things about the stock market is that every time one person buys, another sells, and both think they are astute." - William Feather.
