TheGlobe.com Inc (TGLO)

[KOmani]

At this point in time, the FMV of TGLO is $9,359,479

As such, the limitation would be roughly $187,189.58 per year.

However, one must realize that the change in ownership has not occurred as of yet.

With the expectation of Deflin bringing in a very large asset, I am thinking that the price will continue to rise.

TGLO assets are pretty much limited to the NOLs.

It seems that Deflin realizes giving roughly 30% ownership is worth the NOLs that it would gain.

If the stock price didn't move after the announcement, I am guessing that Deflin would not continue with the merger.