Fair enough, although both partys have signed the LOI and we have successfully completed the previously announced acquisitions of Extreme Green Technologies and the Lighting CEU.
For those reasons I take the leap of faith that this acquisition will happen and that translates to 25 mil in revenues to Extreme Bio Diesel with ENTK taking a slice twice!
So far with regard to dilution management has made long term deals with restricted shares and kept the trading float minimal. No reason to believe that ENTK will need to dilute much @ all for cash and the benefit to the acquired companies is two fold... one of synergism via strategic acquisitions and subsidiary association and the second of securing financing for expansion/duplication of the most profitable, winning solutions.
With the common goals of this countries administration, populace, and ENTKs model solution the expontential expansion for years to come is the real target here. The filings should reflect that when added up and the loyal holders will reap a well deserved reward.
FWIW, I see the dilution of the future working like this... We perfect a plant and prove it's profits then build 2 more raising the capital from share sales/dilution. Those three plants become 6, then 12 etc. This expansion model only works in a sector were demand out paces supply. Of course price and other influences such as legislated demand to come into play and that is all in our favor in this sector. That's why I'm here and if I can make loot and change the world for the better while I'm at it I be wealthy in more ways than one.
dc_350, thanks again for pointing out this is just the LOI phase of this acquisition and as it completes we compete.
Hats off to the bottom line!
AIMHO
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