Tuesday, December 25, 2007 4:58:11 PM
THe only thing so far mention was that, EFGO negotiated a loan for GoodLife of $5ml for 10% of the Company. IMO we are not the ones getting 10% of the company we did not loan them the $5ml we negotiated it for another company.
I believe we are selling our assets to GoodLife and bringing them to a public company. What ever percent that is worth is the percent we get on the A/S.
And then that amount is divided by total O/S 10-11BL=percent of shares we get per share. IMO
I posted a better calulation awhile back.
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