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hawkeye612

06/04/12 10:10 PM

#14301 RE: alabama96 #14300

Could be, but both company's I am sure have assets that would be sold to EVDR. Inventory, manufacturing space, and so on... also I am sure the principles are being compensated for their efforts in getting their products market ready.
I had a publicly held company do a reverse merger with one of the company's that I was a majority stockholder in(privately held company) and they paid handsomely for it.
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waterchaser

06/04/12 10:11 PM

#14302 RE: alabama96 #14300

I agree. I think EVDR got their shares returned...
no $5m in cash. I've been suggesting this for some time now.