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Re: Grande25 post# 272874

Sunday, 06/24/2007 12:51:30 AM

Sunday, June 24, 2007 12:51:30 AM

Post# of 311080
Yes .... they paid off Sulja's debt of almost $7 million from the sale of shares through the nominee accounts.

Funny thing about this deal. Usually you have a valuation done when you acquire a company. Petar was having a valuation of Sulja done AFTER they had acquired it.
Go figure.
Always was a bass ackward deal.
imo
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