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robinandthe7hoods

06/08/11 9:30 AM

#45087 RE: 5301 #45078

Even if it does,it can't trade any lower than what it is.It just goes to the Grey Sheets,where it'll trade at .0001 for eternity.Exactly what it's doing now.
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lazyeye

06/08/11 10:05 AM

#45093 RE: 5301 #45078

Also keep in mind this $300 million deal is between tWo companies and delays could come from either side

Right. A $300 million deal for a .0001 stock with billions of o/s.

Perhaps they can take oh, say, $1,500 out of that $300 million and design a professional looking website?

Delays could come from either side? Sure they can...the SEC can do that ya know...
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pascal30

06/08/11 10:41 AM

#45100 RE: 5301 #45078

" Also keep in mind this $300 million deal is between to company's and delays could come from either side
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lol oh yeah, im sure a company like SNRS with no cash, no money, no past is going to be very difficult when negotiating a 300M deal where basically they seem to get all and don't have to do much in return.

As i have said here before, it is like someone bought a Van Gogh painting on a flea market for 2$ (knowing that it is pure gold, but the seller has no idea about art at all) and then selling it on for 2 billion.

yeah, im sure they are playing hard for a week already trying to make it into 301M or so.

c'mon, if this deal were true, it is a god gift for SNRS and management would take it any time.

just as with that Nourtech thing. they also needed to do 2 weeks of DD to see if it was a good enough offer, even though the price offered was over 50 times the current market price.

What company is going to refuse getting bought out at 50 times its current value if there was a real deal ? How long do you need to think if someone will offer you 50 times the value of your car ? Are you really going to negotiate all day to try and get 51 times the value ?