Replies to post #44039 on Green Energy Enterprises Inc. (GYOG)

[LCLiving]

I think you need to reread that PR. They are purchasing that company for $1 per share, not trading stock for stock.

[GEO928]

digital....I believe you are referring to the 6/17 PR Re: the agreement for the third acquisition.....

as I read it....(and, naturally, correct me if i am wrong)....Dean (QASP) is buying the 32,000,000 shares O/s for $1 ea.......the BOARD of the target company OWNS 80% of the commons....so,there is no "stock swap"....it's a stock buy-out....

but, this is the fun part....QASP is going to pay $32million for a company worth probably less than $18million....(sniff, sniff...something doesn't smell right....we'll soon find out)