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NOBO

11/21/10 6:23 PM

#160924 RE: m17x #160923

That isnt accurate info you posted; this is from the IR update:
We have also received multiple inquiries regarding the September 15, 2010 press release. The details of the acquisition have not been finalized, however we have explained our interest in acquiring the other brand and have received positive feedback from our discussions. The acquisition may include a single or multiple brands provided our funding options.
The funding of any new acquisition will be solely based on obtaining capital from an Investment Banker. Our conversations with investment bankers related to such transactions focus on securing the capital with receivables of the acquiring brand(s). Based on our working proposal that will be provided, we do not feel it is necessary to provide any stock as further collateral. We can confirm that we are willing to allow the Investor to receive the majority of the receivables from this purchase until the initial capital has been paid in full. We are willing to make this arrangement in order to place limitations on any stock that would be needed for collateral. Showing a strong return on this investment should open doors to obtain future funding if needed.
It is very difficult to time the completion date or actual membership growth that will be obtained for any acquisition; therefore the customer base that would be gained by this agreement were not included in our projections to reach 100,000 customers by year-end.
As stated in the press release this is the first of many that we are interested in acquiring. We felt it necessary to announce these discussions so that we could make our interest general knowledge to any and all leading brands in the market.
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Mr.Analogy

11/21/10 8:39 PM

#160944 RE: m17x #160923

I bet what ever they acquire it will be another one of their own businesses. Maybe Watson is the creator of identity guard and they have spent all this time turning that one into the only real new lifelock competitor. Now he might be ready to acquire it. They could acquire any ID theft company out there using minimal money because there are only a few that are actually in the sector. $100,000 could buy a dozen or 2 of the GD like companies out there. The less then 5 really known companies are untouchable to buy within reality but still struggling. Fastest growing crime with fastest growing competitor base and everyones eligible to play. 1 in hundreds make it. Pinks dont make it so GD losses that chance. Big money could make it in the biz. 5 billion share at this level or a penny couldnt even do it. Bigger money needed for the dream. Sorry if your taking this as late notice. I've hinted in the past.