Renuen Corp. (RENU)

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According to the PR:

The financial terms of the acquisition of Alquimi Solar will be disclosed in the 2013 First Quarter Financials. As part of the acquisition, John Martin will be appointed to the Board of Directors and actively involved with the RenuEn executive team. "Alquimi is the first in a series of acquisitions that I expect to be finalized in the very near future. We will be announcing the additions to the RenuEn family of companies once the final contracts are executed."

My guess is that they were issued an amount of stock. After reviewing the company, it's projects, it's patents, and it's potential (hey, they are all "P" words....), even without knowing the amount (shares or cash), there has to be a decent ROI here, or we wouldn't have made the deal.

I don't think that this is an attempt at a pump or a glitz play, I think they found a solid, reputable company with growth potential and had mutually beneficial aspects to it, and made the best deal possible.

We got a lot in the deal. Most times, you get what you pay for. Time will tell.

Best of luck.