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Post# of 10735
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Re: JerryinCT post# 4630

Thursday, 07/21/2005 3:04:46 PM

Thursday, July 21, 2005 3:04:46 PM

Post# of 10735
Jerry, it looks like the NowAuto mgt is getting the 1.5million shares, GEV mgt is getting 50,000 shares, and we other common lowly shareholders that own the company get the remaining 85% of the company. As I read the deal, there is a 15% dilution, which is going to NWAU mgt (perhaps as restricted shares to be awarded over time), so not much is going to the sellers of the shell.

Paul Litman: "Avoid panic selling & avoid overconfident buying."

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