Can anyone explain what the following PR does for us or to us? Especially, this part
"..purchase price of 625,000 newly issued and initially unregistered shares of StarBase common stock.."
Thursday March 18, 5:00 pm Eastern Time
Company Press Release
SOURCE: Site Technologies
Site Technologies, Inc. Announces the Closing of the Sale of SiteMaster, SiteSweeper, QuickSite, Webtools and SiteMarks Products and Related Assets To StarBase
SCOTTS VALLEY, Calif., March 18 /PRNewswire/ -- Site Technologies, Inc. (OTC Bulletin Board: SITE - news) today announced the closing of the sale of its core technology assets including SiteMaster, SiteSweeper, QuickSite, Webtools and SiteMarks products and related assets to StarBase Corporation (Nasdaq: SBAS - news) for an aggregate purchase price of 625,000 newly issued and initially unregistered shares of StarBase common stock with an aggregate estimated value of $1,056,250 as of March 17, 1999.
SOURCE: Site Technologies
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More Quotes
and News: Site Technologies Inc (OTC BB:SITE - news)
StarBase Corp (Nasdaq:SBAS - news)
Related News Categories: computers, software
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