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Re: balihi post# 25260

Thursday, 10/08/2009 8:30:10 PM

Thursday, October 08, 2009 8:30:10 PM

Post# of 79740
Thanks for the link...

"the total cost of this acquisition is about $15 million in stock and cash. What we are buying is an asset that is worth about $80-$100 million"

I wonder why SEVM (the holding company of STS) would accept an offer ($15 million dollars worth of shares in a company with no assets and zero revenue) considering their apparent valuation of almost $100 million.

It looks like people on the SEVM board claim that the 2 companies shared the same CEO at the time.. Does anyone know if that's accurate? Also, the earliest posts on this board are for a company called Dynamic Media (DYMH), does anyone know (off-hand) when the name changed occured?

Thanks so much for all your help ;)