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Microcap & Penny Stocks : Anyone remember JPST ? Used to be JPSP

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From: smaycs47/8/2015 6:24:32 PM
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Got the merger agreement today.

While its lengthy, it just doesn't contain the background of the deal or the negotiations or the valuation methodologies that I have come to expect.

Perhaps because its a pinksheeter. But in the past, Im pretty sure other pinksheeters included that.

The stock has stopped trading. Now its just a matter of waiting for the broker to transmit the shares so I can get paid.

Was told the deal was for about 8 x ebitda which they said was a good price for such a business.

Nice to have a cashout and a good return over 14 years.

Roughly 13.9% annualized.
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