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