Sunday, December 02, 2007 1:26:56 PM
Good attempt! Than for trying! If this intepretation is correct we will get 10 % of the Chinese company. I don't find that impressive in view of projected profits for Good Life of $ 6 million next year. If the deal means that we give up the other reverse mergers using shells the value in relation to next year's profits is not much more than the value to EFGO of one reverse merger. I just don't see why this is seen as a tremendous deal for EFGO.
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