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Re: SonomaWest post# 4556

Tuesday, 11/10/2009 10:55:43 AM

Tuesday, November 10, 2009 10:55:43 AM

Post# of 59549
My company Scandipharm was bought out by a Canadian Company Axcan for stock. No taxes paid since we didn't take their canadian money and opted for a stock transfeere and a butt load of options.
Sold some and Yes had to pay Uncle Sambo. Thank God it was considered Long term Capital gains.
Now we build the company and TGP comes in and buys the entire thing for cash. We are allowed to take the cash or invest @ $50K lots into TPG. They gave us the option to cash out and pay taxes or reinvest with no tax consequences.

Anytime you recieve cash its taxed. Stock is waved till you cash it out.

A cash buy out by someone like GE would not be prudent since they would have to come up with the bucks and thats not smart in this economy. I would expect a stock swap too, since it can be manipulated, but would have to be voted on. Dean is a smart guy and would rape A GE for the betterment of all of us.

I want to see the DVis at a mass production level with used units being bough for more than the price of a new one due to the demand and backlog of filling orders. I can already see a number of these linning the halls of every hospital. Units being in hot demand.