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Gold/Mining/Energy : GPW Group West Systems Ltd. (Year 2000 Software Company) -- Ignore unavailable to you. Want to Upgrade?


To: RBMac who wrote (1421)9/16/1999 12:40:00 AM
From: John BOYCE  Read Replies (1) | Respond to of 1443
 
Cypost is not even a reporting company yet, they expect financials will be released in the next 1-2 weeks. They are building thru acquisition but I can't understand the merger with GPW. The company has $8-900,000 cash in the bank and the last few NR sounded pretty good to me. You are right, we will get 1 Cypost for every 14-15 shares of GPW. Problem is more Cypost goes up, closed at high today, less we get. Vote will require 75% yes for approval and I am not sure yet what the hell I will do. I spoke to one analyst who didn't think it was a good deal for GPW shareholders.Take care John B.