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Jay Walka

06/06/08 7:42 AM

#67487 RE: b9molecule #67485

can anyone with a little bit of knowledge of aquisitions explain the whether or not these terms were favorable towards DDI. negatives, positives, etc
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MCB

06/06/08 8:35 AM

#67490 RE: b9molecule #67485

I like this line:

"600,000 incentive common stock purchase options issued to employees of Flotation Technologies with an exercise price of $1.15 per share"

Although we added about 60M shares in this transaction we also added about 2-3 times the potential earnings we would have seen otherwise plus I get the feeling we are not done yet...

I think this was a great move for us and they must think so too or what kind of "incentive" would stock options at $1.15 be?