Replies to post #15624 on Bayport International Holdings Inc. (BAYP)

[NEXTMONTH]

yes...i look forward to the day that the stop sign disappears.

[rubs1]

I am trying to understand this whole transaction. The way I read it, EXTO has taken TACG under its wing, and for that we (EXTO) have issued shares and warrants to TACG. Then we (EXTO) are issuing 20% of the new company (TACG) to EXTO shareholders. I assume from this, that EXTO is retaining the other 80%.

1) Wouldn't the issuance of the TACG shares to EXTO stockholders decrease the value of EXTO? and,

2) What exactly did TACG get out of this transaction? EXTO shares?