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Re: Kooka_Duke post# 15454

Wednesday, 03/30/2011 3:18:16 PM

Wednesday, March 30, 2011 3:18:16 PM

Post# of 21127
so GATE paid $90K cash...

and $600K of "Gate Technologies, LLC Units" for 60% of AGEL's Angels in Action division...

my question is: what the heck is a Gate Technologies, LLC Unit?...and what is one of the "Units" worth?...

Gate Technologies, LLC acquired sixty percent (60%) ownership of the Registrant’s operating division, Angels In Action for total cash consideration of ninety thousand dollars ($90,000) and six hundred thousand dollars in the form of Gate Technologies, LLC Units


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