Value Microcaps Motherboard

[worthylion]

AWRCF--Stan--The Japanese investor bought 72.8% for around $2.80 per share from a company affiliated with the former corrupt Chairman that had bought it from a Swiss insurance company who received it as collateral when AWRCF's parent, PEWC (not AWRCF!!) defaulted on a loan. PEWC found the Japanese investor to get control of the company back into reputable hands. PEWC has the option to buy back just over a 50% interest in the company from the Japanese investor for the same $2.80 per share so the Japanese investor would end up with a 20% position. What I found out for the first time at the investor meeting is that if PEWC does exercise the option, the Japanese investor will get a prescribed return like 14% on the money tied up in those shares. The Japanese investor takes the risk on the downside if the shares bcome worth less than they paid and the option isn't exercised, and they get a 14% return on the upside on 50% and the entire upside on the 20% position they hold onto. I think it's a clean deal and very healthy to have a new major investor in there cleaning house and rationalizing and professionalizing their operations.