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99leadballoons

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99leadballoons

Re: SkyHigh2 post# 15758

Wednesday, 05/12/2010 1:42:39 AM

Wednesday, May 12, 2010 1:42:39 AM

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If you look up the Luxor deal it was basically the same thing. They acquired a miraculous 10 million in assets for the bargain price of 1 million cash and 4 million in shares valued at 1 buck a share. Well on paper it didnt make sense (which I pointed out immediately).

Well many months later it was revealed that they never did complete the acquisition because they never came up with the cash.

Deja vu.
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