Replies to post #59 on Environmental Packaging Technologies Hldgs Inc. (EPTI)

[Big Brother]

Yep noticed that, was watching closely yesterday in case the ask started getting hit I was going to grab some more. Seems like they want to start this @ $1.00 post merger, which seems pretty reasonable give the limited number of shares available. Remember the largest IMST shareholder is retiring/cancelling all their shares in lieu of $500K which EPT is paying.

So EPT is essentially buying out the largest shareholder for $500K and getting issued 40M shares. It's a little bit different then the way most RM's are structured but the end result is the same, EPT takes control of the shell and will own about 77% of the o/s, 8 other IMST shareholders will hold the bulk of the rest I believe.

In the vast majority of RM's that I see, the incoming company typically pays around $300K + or - $75K for a controlling block of shares of a shell. Generally the higher % the more $$$'s. $500K for 77% is definitely on the higher end, which makes me think that they are expecting very good results, you don't pay that kind of $$$'s if you are going to tank the stock. IMO I think they are looking for $5.00+ out of this, which could could easily be achievable with this SS.

[Big Brother]

Post merger is the real tale though.

Exactly, it really all boils down to a companies ability, knowledge, connections, $$$'s, etc to bring in buyers.....that generates momentum and it snowballs from there. Granted financials, products, potential, etc, all also mean something on the OTC, but to a much lesser degree IMO.

Not saying this is without risk, obviously the merger has not finalized yet, so there is always risk buying early.....but....buying early typically means your buying at the lowest prices and don't have to chase, if/when it takes off fast post merger.

So it's a gamble but I always like to at least have a few shares beforehand, I can always add later if it looks like it's going to be a good one.