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Slojab

02/01/11 10:52 AM

#5643 RE: HighPriestess #5642

Appraisals are notorious for not being accurate.

The fishy thing about the discrepancy is that because the payment is so risky (shares of a pinksheet company) there should be a premium being paid to value. Not a discount.

So, no, there will not be an immediate equity value established upon the sale closing.

Of course, I don't believe this will close either, so......