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playfullyhappy

04/04/12 5:30 AM

#2293 RE: stushy #2292

stushy,

CYNX will get whatever profit and revenue that BARZ wants CYNX to get since they have a controlling stock ownership(60%) in CYNX.

If memory serves me correctly when a company(BARZ) gains at least a 60% stock ownership of another company(CYNX)they(BARZ) can now put or include CYNX financials on their(BARZ} balance sheet.

Someone with more knowledge or memory than I have will know much more than I and can explain the exact ramification of BARZ'S 60% ownership than I can.I believe it is a 60% ownership that allows the acquiring company's 60% ownership to now do different things as pertaining to the financials and balance sheet.

Anyone out there on IHUB that knows about what I am trying to say please inform the rest of us or at the very least straighten what I am inferring out correctly.

Thanks in advance for any help or correction I might need for I difinitely do not want to falsely or leading anyone astray.

GLTA of us on our investment with CYNX.

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Frankiy

04/04/12 8:43 AM

#2297 RE: stushy #2292

stushy - go to my board and check it for some CYNX postings also.

GLTA