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davidam

06/12/12 8:28 PM

#74269 RE: Threeflight #74262

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funny just three weeks ago you said they would be getting 8 times the stock and saying that will kill shareholders. Now that they aren't getting that much stock they are worthless? lol

The 8k clearly states their valuation will come in a years time. Read it understand it. Anyone can see that Brand E can be worth tens of millions with this deal if they perform. I do not think they came here for $250k worth of stock
Big incentive here for Brand E to perform and for everyone to get the stock up.
Just excellent all the way around
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Chaebol

06/12/12 8:29 PM

#74271 RE: Threeflight #74262

LOL you didn't even read the whole 8k! "The Series 2 Preferred Shares shall not be convertible until June 1, 2013."