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Microcap & Penny Stocks : Synergy Brands-SYBR (was KRAN)

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To: Patricia Meaney who wrote (589)11/12/1997 10:08:00 AM
From: Dana Merrill  Read Replies (1) of 1026
 
"Krantor Announces Settlement of Employment Contract Dispute
for $300,000 in Stock": biz.yahoo.com

In reference to this report, can anyone explain to me how KRAN is going to "increase [it's working capital] by $300,000 as a result of this settlement, thereby materially increasing itsfinancial position and increasing its net worth by 14 percent." This considering that the dispute was "settled for $300,000 in common stock of the company, to be paid over a six month period."

Who is paying who? Are the former employee's RETURNING $300,000 worth of KRAN shares to the company?

-dam
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