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The Rainmaker

05/10/13 4:30 PM

#5510 RE: $tockJunkie #5505

That's a fair point one problem, you are not getting the entire 268 million dollar company, you are getting a piece, certain assets, could just be one small division, could just be some product, you don't know what the certain assets are....they are already on a stock market, the whole company is not merging in here imho...it would have said in exchange for all the assets if it was a merger....this is an asset purchase.

On May 5, 2013, the Company entered into a non-binding Letter of Intent with Iris Corporation Berhad for the purchase of certain assets