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EarnestDD

07/13/08 1:16 PM

#107060 RE: crazy horse 0 #107058

hmm ... by definition ... you can not do a Reverse Takeover on an all-cash basis.
A Reverse Takeover involves the swapping of a majority of the shares of MONA for the shares of the Target Company.
That is why its a Reverse Takeover, the shareholders of the Target Company own the majority of MONA's shares once the deal is completed.
All-cash acquisitions do not result in a takeover by the Target companies shareholders.

This is poorly written.