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Re: Smooth post# 28877

Wednesday, 10/21/2009 2:57:58 PM

Wednesday, October 21, 2009 2:57:58 PM

Post# of 79741
Because of what he gets for that.

Weitzel gets to keep 51% of his old company plus he gets 51% of Evermedia's biometrics technology and a public shell that is working with a lot of good people associated with it.

Synergy I think it's called.

And he is CEO of the now larger entity and has a pot full of shares in the parent holding company.

Maybe that is what he saw in the deal that made him think it was a good situation for him.
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