Home > Boards > US OTC > Delisted > STS Evermedia Corp.(fka SEVM)

In short: "So why are they acquiring STS

Public Reply | Private Reply | Keep | Last ReadPost New MsgNext 10 | Previous | Next
mastaflash Member Profile
 
Followed By 162
Posts 33,437
Boards Moderated 1
Alias Born 01/26/05
160x600 placeholder
mastaflash   Monday, 05/18/09 07:01:29 PM
Re: mastaflash post# 3607
Post # of 3657 
In short: "So why are they acquiring STS to make them a subsidiary? Well, because the STS management believes that this is the best they can do to try to make things right with the previous SEVM situation. They actually could have moved forward without looking back as I have seen what many other companies had done. They deemed it fair to acquire SEVM, or the majority stake, to help those STS shareholders that had suffered from the previous ”actual ownership” to be brought along for the growth that they believe they will be experiencing with STS. This allows those shareholders that bought SEVM to be part of their original intentions of growth from STS. By purchasing the controlling interest, they could bring STS under their controlled entity (EVRM) as a subsidiary to experience growth from news they could then release upon purchasing the controlling interest. As per EVRM’s last PR, that is in the process of being completed."



Some sheep are smarter than others.
Public Reply | Private Reply | Keep | Last ReadPost New MsgNext 10 | Previous | Next
Follow Board Follow Board Keyboard Shortcuts Report TOS Violation
X
Current Price
Change
Volume
Detailed Quote - Discussion Board
Intraday Chart
+/- to Watchlist