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Pastimes : The Big Tex House of Coin

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To: Boolish who wrote (9217)12/2/1999 12:13:00 AM
From: h8_2_b_l8  Read Replies (1) of 19297
 
SAGE Info
Spoke with Greg Stienkey today and he had some good news.

We will not have to wait until the signing of the LOI to get a PR from SAGE. They will make an announcement that SAGE and the company to be acquired are in negotiations to finalize the acquisition. A few important notes on the company they will acquire.
1. You already know that they have 10M in revenues and a $1M in income
2. The company has been in business for 13 years, has excellent business ties, and is being run by a Harvard MBA.
3. The acquisition will involve $1.5M in cash and very little share dilution.
4. Once the acquisition is complete, the Harvard MBA will be in the driver's seat.
5. Both sides are in complete agreement and the only delay is on small details that need to be ironed out concerning management.
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