Yes, the share structure here is interesting, to say the least.
These guys have been running on fumes for quite awhile. Also, these deals they are striking must be costing them a fair amount in legal fees, not to mention all of the accounting costs for their various filings.
Yet, somehow the shares outstanding has remained the same.
That is a very good sign.
Less than a week to go to complete one or both of the recently announced deals.
I have been researching both Publisher X and FunFinder and think they are both excellent acquisition opportunities.
If Defi fails to close, either or both of these other deals would be fine.
Publisher X is about to launch a new Iphone video game by August 30th. It is based on a very popular series and could be a real winner.
FunFinder is already established in ski resorts in Colorado. They also are in Zoos and national parks.
If they sign the Royal Caribbean deal mentioned in the 8-k, this thing could be a monster.
Let's just hope they can close at least one of these deals in the near term.
With so few shares outstanding and with all the merger shares locked down for over a year, we could see a big pop on any closing announcement.
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