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Re: wadirum1 post# 8260

Tuesday, 01/19/2010 9:34:05 AM

Tuesday, January 19, 2010 9:34:05 AM

Post# of 22569
Wadirum,

Do you like your crow with hot sauce or just plain.

If you look at the previous EESO contract which stipulated no more than a 5% markup on product that means that GRBG needs to sell WOW at least 5 million of product at wholesale prices over the next 3 years to recoup their payment to WOW of $250,000 to even have this contract.

Do we have any idea how big WOW is right now. Do we know where GRBG got $250,000 in cash? They did not have it as of a few months ago?

Given that all here had expected this to be signed as it had been PRd a couple of times, I say the old adage fo buy on rumour and sell on news will also apply here.

And the whole buyout still being negotiated at this stage - 50/50 in my estimation....