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Re: TenKay post# 77547

Saturday, 12/08/2012 10:50:53 AM

Saturday, December 08, 2012 10:50:53 AM

Post# of 167993
At the time of the buy back the JV was not on the table. Now that it is, the company they are going in with wants controlling interest. SRGE didnt have enough of it's own shares to give it to them to take controlling interest from them with out cutting themselves out. SO they increase the A/S, give it to the new partner giving them controlling intrest. Pretty simple if you think about it.

Now just wait for the news.....It's coming.
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