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Post# of 42999
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BobSinCA

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BobSinCA

Re: righty post# 19409

Saturday, 12/11/2010 6:51:28 AM

Saturday, December 11, 2010 6:51:28 AM

Post# of 42999
EEGC sufficiently 'bought' the technology, in a transaction of a 3x+ multiple of the company's market cap, that they diluted the stock 50% just for the down payment.

Feels pretty material, particularly as it appears to be unrelated to their self-defined objective: exploration for oil and gas in Tasmania.

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