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fb34

08/08/07 10:04 AM

#48264 RE: greenmonster #48233

Takover/buyout thats exactly what is going on as we speak. Although, I could be wrong, why would someone by that much interest in a company for the sake of investing. This is the start after they purchase the Billion shares, they are going to make PA and RB an offer for their shares.

Of course, I have absolutely nothing to back this up. It's just been in the back of my mind since I read the pr.

What if they converted the common to preferred, that would still be a lot of preferred, they will be getting like 3.6 mill a year(assuming my math is correct) on a divy payment. plus they would have almost 6 million pref. I believe this the plan b/c the deal was extended to oct.

Question: Why would they add this extra shares to take the back of the market? Only to pay these "investors" 3.6 mil a year in diveys and then turn around and pay them 10 per share on 6 mil. shares after 5 years?

Not only that but these investors are providing resources and getting contracts too. If a buyout hasn't already been planned, they are def. lining up for a takeover (they would be crazy not
to)