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kermit42

05/14/07 8:04 PM

#40733 RE: MCArmel1 #40726

It not a requirement, exactly. But the two stocks are not completely disconnected in that they represent ownership in the same company and the market should assign one value to Esprit Financial.

.001 euro (~.0013 US) is the lowest offering price in that market so that is what it is offered at. You can buy it at ,001 right now if you wish. But few if any will buy at that price until EFGO hits a stock price of .0013--that is the price over here that will justify buying over there.