"Obion has separately offered the current shareholders of TMM shares of stock in Obion -- once this merger is completed. Literally, this act would be done as a "merger bonus" of Obion stock to current TMM shareholders, and not done by or as an offer generated from Cinemax Pictures and Prod. Co. Intl. Inc.. It was and is an Obion decision to make this offer to TMM shareholders."
So why would they want to do this? Makes about as much sense as the rest of his explanation.
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