Bubblr Inc. (BBLR)

[mimurray]

Encryptstick values itself too high, and it would represent a massive dilution that would destroy UWRL

They say that they are in "merger talks" because that is exactly what takes place. The entire process is a negotiation, just like in any other business deal.

One side goes high, the other goes low, and hopefully they strike a deal somewhere in the middle. Right now UWRL feels that ENC has placed to high of a value on their company, so the negotiation begins, and talks continue to try and find a realistic number.

Obviously ENC wants to become a publicly traded company or we wouldn't even be where we are at. So if they want this deal to take place they are going to have to bend a little bit and be flexible with the value they are placing on their services. As other posters have said, ENC is not the only game in town. A business does have options as far as choosing an encryption program goes. Both sides have incurred expenses just to get to where we are so it's doubtful that either side wants to just see the deal fall apart and head back to the drawing board. That would just mean more expenses and would be self defeating.

It's in ENC's best interest to come down to a price that does make UWRL comfortable. Hopefully, that is exactly what we will see take place and this deal can get closed as planned!!!