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Re: ratso1 post# 76649

Friday, 11/30/2007 4:01:16 AM

Friday, November 30, 2007 4:01:16 AM

Post# of 143048
ratso. Another problem with Bigdog's document...
The 85 to 90% figure is based on a reverse merger into a shell which has no value other than it's listing status. EFGO is a viable company which is certainly worth a lot more than a shell, especially to the new Chinese company because much of what EFGO does fits in well with company plans. Those facts would have a significant impact on the deal and would greatly reduce the number of shares that the merging company could request. Even if we end up owning 50% of the new company (my guess) wouldn't you rather own half of a potentially billion dollar company that all of a much smaller company? From what we know so far, shares at current prices are an excellent gamble which is why I am buying all I can afford.

See what I've been up to:
http://uwlungman.page.tl/

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