Friday, May 22, 2009 11:02:37 AM
The next one would be how many have been bought by the prospective buyer.
My guess he has bought the 300M & 150M for the equip.
Then I am guessing they have bought another 500m+ shares
My guess is they have bought about some where between 850m-1b
share
So my guess the float out there is around 300M. I think they will drag this buyout so they can buy more shares. I would bet they would like to have the float to buy out (excluding 450M & 200M) around 200M.
I bet then they will pay 5cents cash plus .10 in shares. for these shares.
Again they will pay what the contracts a worth - no more.
They will pay what the contracts are and I bet it is less than 50M for the co. They can get their money back in a few years.
This is my guess and will be have some more weak PRs so they can buy up more shares.
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