NewMarket Technology (fka NWMT)

[firecracker070445]

I think that the distribution to NMKT shareholders will be announced at the same time that the closing of the deal is announced. They are going to get a new CUSIP # and a new ticker symbol(NMCH?). I expect that when the new ticker symbol starts trading we will know how many shares of the NEW company NMKT shareholders will be getting. There will be no more IICP as of then. The NEW company will be called New Market China and will trade as New Market China.. The big question is how many shares of the NEW company will IICP shareholders get and how many will NMC shareholders get(2M) and how many will NMKT shareholders get and will some shares be sold to new investors? The purpose of the trips to China was to attract new investors to invest in New Market China. NMKT's preferred shares are going to be convertible into New Market China common shares. Lets say that they end up issuing 50M shares of New Market China. Then the preferred shares issued to NMKT will be convertible into at least 51M shares of common. That way NMKT keeps its 51% ownership and control over the company. My biggest concern is how big of a percentage of the NEW company will the owners of the 23M shares of IICP end up getting? They deserve nothing. They are being paid $250,000 (probably cash) for the preferred shares by NMKT. That is all they should get. We are just buying their stock listing and thats all. Anything more than that means we are throwing money away. Right now you and I own 100% of New Market China because it is owned by NMKT and we own NMKT. Why do we want to give a big chunk of it away in exchange for nothing? How would we feel if NMKT announced that they were giving away 23M shares of NMKT shares to someone because they were a nice guy. Thats basically what we're doing if we give away 23M shares of New Market China to IICP shareholders because they're nice guys. I just hope that there's a lot more to this than meets the eye. When the dust settles I hope these IICP shareholders don't end up owning a big percentage of OUR New Market China. I'm trying to believe that Phil isn't stupid enough to hand most of OUR company over to a bunch of strangers just because they let us buy their stock listing for $250,000.