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rodo

01/31/07 10:59 AM

#24652 RE: kippykai #24638

"Redwood said it was dead." Probaby just a negotiation bluff!
USSE to ACMG "your dead with us, Now let's make a deal!"

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traderalph

01/31/07 11:05 AM

#24656 RE: kippykai #24638

Redwood should know because they also consult for ACMG, but
things change.

The $280 mil is going to be invested in plant and equipment,
not to buy 60% of the outstanding shares. For this investment
(which USSE will own 60% of), USSE will get 60% of outstanding
shares and controlling interest.

This deal is probably affecting today's USSE share price.

It's all good!

that's my take, Ralph