it went up. looks like some shares were handed out. that's ok..these people are the ones who make it happen.
They deserve to have a major stake in the equity.
Are you interested in this ? let's explore further if you are.
I hope you're not here just to make disparaging comments.
The aggregate purchase price paid was approximately $30,000,000 (the “Purchase Price”) in connection with the Acquisition, of which $24,000,000 was paid for the outstanding equity interests of the Wilhelmina Companies and $6,000,000 in cash was paid to repay the outstanding balance of a note held by Krassner L.P. The Purchase Price includes $15,000,000 of Common Stock of the Registrant, valued at $0.239 per share of Common Stock (representing the book value of the Common Stock of $0.247 per share as of July 31, 2008 as agreed by the parties to the Acquisition Agreement, subject to adjustment to reflect certain transaction expenses incurred by the Registrant) that was issued in connection with the merger of Wilhelmina Acquisition with and into Wilhelmina International. The remaining $9,000,000 of cash was paid to acquire the equity interests of the other Wilhelmina Companies.
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