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proftstocksny2

11/19/15 8:42 PM

#18196 RE: MrBlackLungs #18184

Show us where you see the 13mn. And even if there is debt, companies merge all the time with debt. In fact the 8K shows "acquisition" will be done on a combo of cash, shares and future earnings with Rontan. Even if there were an A/S increase, it would likely be for shares to give to Rontan for the purchase and have a long lock up period...so that the company can work towards a good share price for the entity before management can sell some...I am guessing .50~1.00.

DipnRip

11/19/15 9:27 PM

#18200 RE: MrBlackLungs #18184

That is just a condition that the debt is not more than 13 million, it dose not read that the debt is 13 million.
DIP