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jhstew1

09/13/06 1:03 PM

#5263 RE: shall143 #5262

Shall...email John with your questions, he is really good about replying...eom

Ryan Industries

09/13/06 1:36 PM

#5264 RE: shall143 #5262

shall - it's a reverse merger. beebe is bringing in his own company. there is no value to vision works media and its businesses. forget aobut them. they're gone.

a piggyback-registered pinksheet shell can cost as much as $600,000 in the marketplace nowadays. that is what beebe would likely pay if he went into the market looking for a ticker. since beebe controls 98% of it (and the 98% ARE RESTRICTED SHARES), there wasnt a significant carried interest by astrom which means this was probably a cash-deal. i would guesstimate that beebe paid something like $350K for the whole deal, but this is strictly my opinion. he wouldnt get a bad deal -- he now has something like $5M in equity against it with the stock bidding $.15.

in summary:

all beebe was buying was the TICKER and the SHAREHOLDER BASE to merge his private company in. beebe's shares are restricted, and as an officer of the company he cant sell those shares for a minimum of (2) years.

makesumgravy

09/13/06 9:32 PM

#5275 RE: shall143 #5262

I agree 100%. Doesn't he have a new start up company? One of these bloodhounds posted it.