Hello All;
Well, I've read and reread the release from today and I guess I was taken back a little by it, myself. I'll be honest with you, I didn't know anything more after I read it than I did before, other than finding out that Berwind Capital, LP, in Philadelphia, was the investment company behind the present and future acquisitions. It was more of an informational release of the past things that especially, AGE had been involved in, sort of setting a foundation of sorts. We have known that MSHE would like to acquire the Gentile part of the company to complete the "Family" that is spoke of. The release says that the AGE transaction and future financing are expected to qualify MSHE for listing on NASDAQ. By saying that, it tells me that they are confident that their financials are indicative of a strong enough company for the listing. I think Micky said it best that the release didn't give any definitive information where revenues and projects are concerned. So how do we look at this:
A press release is an announcement of action that has taken place, whether it be an acquisition, an alliance, etc., so in line with that, the press release is the official notification from the company that MSHE has acquired the majority interest in privately held Abrams/Gentile Entertainment. That part is a done deal. All the things that it talks about, where AGE is concerned, are past accomplishments of AGE.
I just think that those of us that truly believe in MSHE, know that there is more that has not been spoken here. Future projects will have press releases on their own merit. I would personally like to see an overview of current and pending projects. This is all IMHO.
SIS
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