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Friday, July 26, 2013 12:33:11 PM
The seller got 450 million shares of MDIN. Get the picture yet.... if the pps keeps rising the seller get more then he was offered before.
Exactly. And this patent seller would have taken a good, hard, inside look at MDIN before making that deal. They must have liked what they saw so much, that they were willing to take shares instead of cash, and to wait 2 years (length of restriction on those 450 mill shares) for their payoff.
If it were me, to accept that deal, I'd have to be 100% sure that the MDIN stock would be worth a lot more in 2 years than any cash offer I'd seen.
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