Valentine Beauty Inc. (VLBI)

[The Virtual Cat]

I think that Bryan Kuskie is more astute than to swap a 65% shareholding in the old EVSF for a 1.6% shareholding in the new EVSF without there being any potential value in the new company.

If Bryan Kuskie thought that the new EVSF would be worthless, he would have taken a cash payment and run for the hills. He is taking stock as payment, which gives good confidence that my shares are also going to be worth more than they are at the moment.

I'm not sure if Brian has "run for the hills" yet, but according to my reading of the filings he sold his 632,250 shares to the Chinese company for $550,000 cash plus 500,000 shares of the new company.