InvestorsHub Logo

JetLifer

07/14/11 12:02 PM

#429 RE: NitWhit_needs_2_quit #428

Shareholders got to vote and the majority wants to go through with the acquisition. I'm just glad it wasn't a hostile takeover. If all goes well, BBAL shareholders will own shares of ELGO and they'll have $1,000,000 in cash after the deal is closed. ELGO stated in a report that if they were to raise no less than $1,000,000 they would buy a clinic for their biotechnology.