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Ejag

Re: onemaninnj post# 39901

Thursday, 10/11/2012 8:29:49 AM

Thursday, October 11, 2012 8:29:49 AM

Post# of 132364
Financing that project was basically impossible so they decided to sell the subsidiary instead to PDGO. The subsidiary has value and therefor LHPT shareholders get paid in shares of PDGO so they remain whole.

I can't say I understand the details, as the # of PDGO stock to be issued has not been announced but the general concept seems pretty clear.
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Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
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