Sports Concepts, Inc. (SCPT)

[bell345]

"for $12 Million in cash and stock."

I'm thinking from this statement ZZ has a chunk of SCPT stock or what???.....The point is, could they've make a deal where ZZ gets stock of SCPT?? And being pink, they wouldn't have disclose it??


Wednesday, September 20, 2006 11:53ET

Motion DNA Corporation (MTDX) completed the deal that is expected to increase in the market with the acquisition of Sports Concepts, Inc. for $12 Million in cash and stock.

"This is a deal that will help the company diversify its revenue streams and capitalize on relationships of both companies," said Zig Ziegler, Founder of Motion DNA. "Sports Concepts has a history of developing quality products and generating substantial revenue in their market. This is a great move for Motion DNA and its shareholders creating a diversified business allows for more potential earnings in the company helping us reach our revenue target for 2006 with a large boost in the final quarter through anticipated product sales."

Effective immediately, Ms. Michelle Thomas will assume the role of Chief Executive Officer of the company handling all day-to-day operations of the products and services of the company.