regarding: . Softbank, Japan bought ZiffDavis and became and overnight MEDIa EMPIRE. They HAD to sell Softbank Interactive Marketing to someone, so as not to appear to have a conflict of interest to their prospective clientele. And the deal needed to made quickly before the all important January trade shows begun.
this deal took place in june 1996
regarding: My guess is they were simply in the right place at the right time with the right funds, and acted decisively, making one AMAZING purchase. . . for us.
not necessarily, if this really was a paper swap, there are probably a ton of preferred waiting to be converted, diluting float, how many shares at .20 does it take to buy softbank /do we really NEED to know?///i'd like to know...
regarding: They will need to set up a Tokyo office now won't they?
softbank is located in new york,uncertain about global offices softbank holdings is in japan
regarding: My guess is Caroline Vanderlip will stay in New York and head up the MEDIA division.
she no longer works for the company if i'm not mistaken.
despite my suspicion that the float is probably bloated now, thus no one there can really tell what it is, (how can they not know this,)
they have an ir firm , do they not, they are paid to answer questions, seems many of these penny firms have provided adequate information to shareholders, and still ran their business effectively, they left their shareholders in the dark and this is reflected in the new lows.
financials were promised in december were they not
probably long for as long as i need to be shred if necessary |