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Re: jelly post# 2183

Wednesday, 05/16/2007 11:11:53 AM

Wednesday, May 16, 2007 11:11:53 AM

Post# of 5754
jelly,
the o/s is 21 million now. they'll give up far more than 21 million for the new company so to say there will be 21 million o/s with $20 million audited sales isn't correct imho. they could even give out 80 million shares or more to make this rm work. we'll see. obviously they wouldn't do the deal unless mgt would make some money but i'm not sure how many shares will be out post merger.
regards longs, buddy