News Focus
News Focus
Followers 39
Posts 12251
Boards Moderated 0
Alias Born 07/05/2006

Re: DigitalTradz post# 44039

Tuesday, 11/03/2009 12:12:39 PM

Tuesday, November 03, 2009 12:12:39 PM

Post# of 375420
digital....I believe you are referring to the 6/17 PR Re: the agreement for the third acquisition.....

as I read it....(and, naturally, correct me if i am wrong)....Dean (QASP) is buying the 32,000,000 shares O/s for $1 ea.......the BOARD of the target company OWNS 80% of the commons....so,there is no "stock swap"....it's a stock buy-out....

but, this is the fun part....QASP is going to pay $32million for a company worth probably less than $18million....(sniff, sniff...something doesn't smell right....we'll soon find out)