D Mecatronics Inc. (fka DMTA)

[fromtheuk]

This dosn't ring true

A company with a market cap of $20M is been brought for $110M+

I have not been able to see if it's profitable at all or what debt it holds etc

It's projected sales for 2008 is 40M (Thats sales not profit)

I was also confused about some of the comments in the various PR's

'We don't know why it's volitile'
'We want this to happen so we can cash our restricted shares'
'We expect the shareprice to rise as the date gets closer'

Although possibly all true... Why mention this sort of thing in a PR. ???

I think this deal is never going to happen. But i'm prepared to be wrong and will continue to watch. If only to learn.

GLA ... but i will pass