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Microcap & Penny Stocks : HouseHoldDirect.com (BYIT)-The Next SAMS/Walmart Ecommerce
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To: greg Benfield who wrote (2459)5/28/1999 10:55:00 AM
From: Tensane 1   of 2994
 
Greg,

Until we know the details on the deal, it is sheer speculation on your part or anyone else's as to the worth of this deal. I'm sure that there was some stock involved and I'm also sure that there was some debt involved. When we became investors in this company, we were told that they were going to grow by acquisition, and that is exactly what they are doing.

If I were to speculate as to the structure of the deal and remember, this is only a guess, I would say that RDIM gave them restricted shares tied into the price of the stock at a later date. They probably gave them a down payment in cash and set up a payment plan that could be paid either all or in part with cash flow created by the deal.

Kevin
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