I really can't believe your still trying to defend yourself on this one francoise, your just digging the hole deeper and deeper. Again francoise, no one does this on any real deal and you know it. You take your chances, period, end of story. If you want to do what you suggest the only way you might do it is by paying the buyee with your stock and putting a lengthy lockup on all or part of it. That way if their company adds to your bottom line they are rewarded, if it doesn't they're hurt. Maybe you toss them some options that are way out of the money, something like that.
You pay a price and that's it. You give what you think the company is worth, the seller sells for what he thinks it's worth and it's done. Once the deal is struck it's your baby to make work. This idea of yours is beyond foolish and more than anything else shows your fundamental lack of either basic business knowledge, or lack of ethics to try to pass this off as a legit deal.
The more I think about, the very ideal that OIA with your touted numbers of 99 $30mm rev. $5mm profit, would allow itself to be bought by ZSUN with it's paltry 98 $2 million in sales and $4 million assets is beyond funny. First of all ZSUN could not afford them, PERIOD. End of story, no way no how. Even in your la la land way of doing business, ZSUN couldn't afford the down payment on OIA. 2nd, OIA would be the one's dealing from strength. If the numbers are to be believed(and they obviosly aren't) they are far and away the bigger more succesful company. ZSUN would be in no position to dictate terms, it would all be the other way around. OIA could say, ok, we'll sell to you, you go out and get a loan, because we don't want a bunch of your garbage stock. Not only that, we get gobs of options just in case that garbage company of yours ever amounts to anything and even a buyback clause if you can't grow our business overseas like you promise. ZSUN brings little to the table except a shady past and would have nothing to bargain with.
Hell francoise I figured you'd take the easy way and tell me it's because Tobin was such a shrewd businessman that he was able to acquire a much bigger company for a pittance. Instead you came up with this laugher, and keep defending it, but, never let it be said that I wasn't nice to ya. Just give me within a million, the down payment price ZSUN paid for OIA and the source of said downpayment. It would still have to be in upper 6 to lower 7 figure range. If OIA only grew at a modest rate, with it's $800k 98 profit, a 10 to 15 ratio wouldn't be out of the question. Especially since, as you tout, it's an internetish business. But with these huge projected growth rates, the ratio would likely be much higher. Your all for tossing a 100 to 1 on ZSUN, largely due to OIA, and here I am maxing out at 15, but again, i'm cutting slack on this holiday weekend Friday. So just the downpayment amount within a million if you don't mind.
Face it folks. Something is real rotten in Denmark here and no one will find out what until either the SEC shits this rig job down, or ZSUN files 2nd quarter numbers and divulges what it gave for OIA and where the money came from as well as when and where the 50k shares to IBC and 15k shares plus to Veritas were booked.
Mr. Burns |
