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king oil

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king oil

Re: Loudude117 post# 2483

Friday, 01/05/2007 6:28:00 PM

Friday, January 05, 2007 6:28:00 PM

Post# of 37012
a little confused

After long work and negotiations we did enter a MOU with USSE outlining a merger/acquisition of 60% of ACMG by USSE in which we mutually agreed on a pps evaluation of $2

how does ACMG justify a $2 valuation when it's stock is trading at 3 cents? maybe that's killing the deal? why should USSE pay so much? they could purchase on the open market for a lot less.

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