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Wednesday, December 30, 2009 1:06:39 PM
You do not know that there will be much if any revenue to GRBG. You know that WOW will buy controlling interest in it but you do not know what revenue or expenses they will flow through it.
Bill gets cash and shares for GRBG. The shares will be in WOW which will remain privately owned - any net revenue that flows through GRBG will likely go to preferred shareholders in the form of dividends leaving nothing for the commons.
WOW gets a shell through which to do whatever it wants including capturing its own manufacturing revenue and expenses or who knows what...
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