Replies to post #132 on Zuki Inc (ZUKI)

[2future4u]

That's right, the stock issued for acquisition usually has a label "restricted" placed on it and it takes no less than 12-18 months before the restriction could be lifted. At this stage the company might not be cash positive enough to complete this transaction on a cash basis however given that all the public float count will remain undisturbed from now on.

[geopic]

The great news is an LOI:
"...a letter of intent to acquire a small, independent South Louisiana-based specialty food manufacturer with distribution in approximately 100 grocery stores..."
a definite agreement will likely be signed if both side's due diligence warrants it. Until then, some value may be given to the share price and, imo, today's average of .25 seems ok.
Only the final decisions will count... one way or the other.

Meanwhile, I did buy in...

g.p.