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The Virtual Cat

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The Virtual Cat

Re: None

Monday, 09/17/2007 4:29:09 PM

Monday, September 17, 2007 4:29:09 PM

Post# of 34405
This ValCom deal just doesn't make sense to me. Why would POWN sell ValCom 51% (a majority position!?!) for $276K? Doesn't that instantly cut POWN's value in half? POWN's product is the revenue from Stan's creations---and now Stan only owns a percentage of the remaining 49% of that revenue! Did he really need his share of that $276K that badly? Is he hard up for cash or what? Something just isn't right here. I'm beginning to wonder if Stan isn't just clueless as to the business end of things and is being ripped off by a bunch of slick pennystock operators.

Of course, POWN might be disputing everything that ValCom says. We need to see a PR from POWN.


Cats are intended to teach us that not everything in nature has a function. - Unknown

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