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To: Denise D who wrote (633)11/29/1999 2:41:00 PM
From: Claude Cormier  Respond to of 1252
 
Well Denise,

I hope you are right... but the way I see it is:

28M shares issued for Clickchoice and 8M issued for the $27.8 package. This 8M is not additional money.



To: Denise D who wrote (633)11/29/1999 2:45:00 PM
From: WhatsUpWithThat  Read Replies (2) | Respond to of 1252
 
This IS difficult, isn't it?

I make it out as 8million shares issued at $3 in consideration for the cash and services total of $27.8million, and clickchoice for the other 28million shares. The PP is not a separate transaction the way I read it, but the way that Vanenberg is getting up to 50% of the new company (ie. they need more than the 28million shares they get for clickchoice)

WUWT


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