Wednesday, May 04, 2011 1:53:25 PM
From the PR...Anyone have an idea of what is the expected future EPS and expected share price.
EMEX will also be issued 15 million Units under the Asset Agreement. In addition to the Units, EMEX will be issued up to 30 million earn-out common shares (each, a "Bonus Share"), on the condition that one Bonus Share will be issued for each USD $1.00 of net profit that shall be earned by Poker for a period of 3 years from the date of the Exchange Approval. The issuance of the 30 million Bonus Shares can also be accelerated if (i) all of the issued and outstanding securities of the Company are acquired by a third party, (ii) there is a material change in the Modified Operator Services Agreement entered into among EMEX, Producciones and Poker dated March 17, 2011, or (iii) there is a change to the operator of the relevant gaming operations.
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