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Re: downthehatch post# 2810

Wednesday, 04/18/2012 10:13:47 AM

Wednesday, April 18, 2012 10:13:47 AM

Post# of 5011
So, you think the buyout will be where the PPS is now or lower? That doesn't make sense. Nothing personal. CHRI will benefit in a few ways from this deal that make it worth more than that to them. How much more, I don't know. They pick up the current products as well as the new Vodka products and sell them in China. They gain access to the U.S. market as well as Europe with the Vodka deal. They also gain credibility in the world of penny stocks from China. A lot for them to gain. They won't pay that premium on the next acquisition they speak of. IMHO
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