Thursday, April 02, 2009 3:51:24 PM
read the news on the buyout.
On the flip side, the buyer requested that EESO release at least 300 Million of its remaining shares on a restricted basis as part of the overall exchange should both parties come to a mutual agreement; So far so good according to Hochstedler, "The buyer -- who we can't name just yet due to confines of our negotiations -- has taken particular interest in our industrial applications and is positioned very well internationally. I think it (the acquisition) could be a win-win for our prospective buyer and EESO shareholders... Further, as far as the shares are concerned, that puts us at about full capacity as we have 2 billion shares authorized...
http://finance.yahoo.com/news/Enzyme-Environmental-iw-14705002.html
etrade lists Shares Outstanding 223.7 M
market cap 4m yahoo has market cap at 30M
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