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Microcap & Penny Stocks : Starnet...Clicktoplay...STEN

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To: Fred Davis who wrote (799)1/24/1999 5:05:00 PM
From: May Tran  Read Replies (3) of 1071
 
I'm long and continue to go on long on this stock.
I just have this question and hope Fred or someone can clear it up for me.
TIA.
I keep having this weird feeling about the acquisition, Shouldn't it be for Click to buy out Startnet instead of vie versa?
After the buy out, the directors of Click are going to replace the ones of STEN.
This give me a chill feeling.

"As a result of the acquisition, Click will receive $1,000,000 in cash and 27.5 million shares.

The Officers of Click, Guy Bendov and Chanan Greenberg, will be appointed Officers and Directors of Starnet; at the same time the current Officers and Directors of Starnet will resign."

Maybe this is why they are taking their time to close out the deal.
Just a thought,

Johnny
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