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justhefax

01/23/17 1:24 PM

#6380 RE: Wesley Smith #6379

I don't think minority owner is quite right.
They sold VATE for cash and shares, and are giving some or all shares as dividend to kg shareholders.

The amount is unknown but given the amount vate was purchased for last spring and that they owned it for all of 6-8 mo I would hope not too many shares.

Key will be value of shares awarded. If awarded at today's value will be much fewer shares.