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old man river

07/17/13 10:33 AM

#37655 RE: Bullstocks #37650

A valid point.

In every announced acquisition that our management has made, the target company is more established that BGMO.

The target companies have real businesses with physical offices, a board that is separate from management, some proven record or good governance, extensive pre-development incurred to date and so forth.

So, it makes sense to acquire a reporting company so that BGMO can gain the prestige of being better than what our historical track record has shown.