InvestorsHub Logo

RonnieD

03/11/09 9:09 AM

#399 RE: charhorse #397

It looks to me like the Den Packaging acquisition was paid in restricted stock, and it may be off restriction resulting in this heavy selling now by Den people. See Sept. 17 PR.
The consulting agreement with DLW must have been paid in stock also.

The Company currently intends to pay a combination of restricted Company stock and a note for the acquisition.

note: how was the note paid for ? toxic financing ?

RagingStocks

03/11/09 11:29 AM

#403 RE: charhorse #397

Thanks charhorse. The share structure doesn't look that bad and it looks way oversold here. Did someone fall asleep at the wheel and drive off the cliff?