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Ryoko

03/20/10 3:10 PM

#24172 RE: buccaneer1961 #24171

GOIG owns 1.5B shares of MONA. They got the shares last December as part of a deal GOIG made to sell its Chinese assets to MONA. It looks like GOIG is going to distribute the MONA shares as a dividend to GOIG shareholders ... probably as a 1:1 issue.

As a side note, there's been some speculation about GOIG buying shares back in the future. It's way to soon to say, but I was reminded of something while I reread the last quarterly report. Ike has stock options for 5M shares at an exercise price of $1. So it's in Ike's interest if he wants to use those options to get the share price above $1 before Dec 2012 when the options expire. He can do that by generating lots of sales and/or buying some shares back. Something to maybe look forward to down the line.