Interactive Network Inc. (fka INNN)

[DoubleDippy]

Hi All. Anyone Out There With No Life? LOL. If you have about a week to kill, you can read this INNN Merger Proxy File. http://www.edgar-online.com/brand/thelion/search/default.asp?date=1994&query=INNN&qt=1 Wonder how many months it took them to do this. Doubt if they would go through this much bother, unless they thought they reall had something real. Certainly a lot of effort was put into this INNN-Two Way TV(US) Merger plan. I just emailes SSP, the founder of the "Golden Lists" to see if he may give us an honest opinion of this situation. He's not a P&D sort. So I asked him to come over to this board and say a few words whether good or bad. To be honest, this is very hard for me to understand. There are several hundreds of pages in the merger proxy file, and to be frank, its just a bit over my head. I really welcome anyone with some experience with these sort of complexities to give a balanced and unbiased opinion. I told SSP in my email to him, that I'm not sure if the regulators will approve of Two Way TV LTD getting a 45% stake in the new merged company and a majority control of the board seats. Although on paper Two Way TV(US) would not be considered a subsidiary of Two Way TV LTD, because they would only hold a 45% stake, but having a majority control of the board seats would more or less make Two Way TV(US) a defacto subsidiary as far as decision making would go. I'm not a legal expert, but it would seem to me that this could be a sticky question for the regualtors. But like I say, I'm not a legal expert and I have no idea whether or not this will be approved by the regulators. That's why I would like to get some other opinions from people like SSP. But then again that very lenghty Preliminary Proxy Statement may discourage a lot of people from even looking at it. I will be thrilled if SSP cares to give an opinion. He is quite well regarded for BB stocks as you can see by this article. http://www.otcbbnn.com/active/Interviewtrader.htm