TGL WHAAAAAAAT! Alerts, thoughts, discussion. Message Board

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Microcap & Penny Stocks : TGL WHAAAAAAAT! Alerts, thoughts, discussion.

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To: SSP who wrote (73260)	12/5/2000 10:24:24 AM
From: TallTrader	Read Replies (1) of 150070

NACT-filings show one acquisition... ACQUISITION: On March 24, 2000, the Company acquired all the assets and assumed all of the outstanding capital lease obligations of Top Dog Video Productions, Inc. for 44,000 shares of the Company's common stock. These shares were valued at the fair market value of $2.95 for an aggregate purchase price of $130,000. The following table summarizes the acquisition: Purchase price $ 130,000 Less: Fair market value of assets acquired (153,014) Liabilities assumed 171,737 ---------------------------- Goodwill $ 148,723 ============================

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