Tuesday, November 02, 2010 12:15:17 PM
The AlphaTrade deal will make BnetTV's shares liquid in the coming months. They're intending to roll the stock back, make one other acquisition- and re-list on a major exchange under the name BnetTV. APTD's stock has been pummeled because their CEO and founder past away last year. But they have new manangement, and about 6 million a yr in revenues.
http://www.alphatrade.com/news/stories/AM/2010-10-29/MRW/201010290800MRKTWIREUSPR____0679488.html
http://www.bnettv.com/bnet-company-news/
From what I understand, BnetTV raised about 500K in their first week. This is all good news for EATR. We as shareholders, still have around 40% of BnetTV's outstanding shares. It could be a very valuable property in the coming months.
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