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Charleoi

08/11/06 3:23 PM

#5832 RE: hiphopfurby #5828

"Maybe those 20mil shares that are currently out there was part of the price NMKT had to pay in order to buy this company.
"

That's correct. You now own 8% of NMKT China, instead of whatever it was before. The balance (92%) is in the hads of the Intercell shareholders, and that's the price you have paid for their public listing.

No doubt in my mind that Phil and crew were already on the other side (purchased Intercell stock before the deal)