Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Microcap & Penny Stocks : TGL WHAAAAAAAT! Alerts, thoughts, discussion. -- Ignore unavailable to you. Want to Upgrade?

To: StocksDATsoar who wrote (123868)	12/6/2003 8:37:05 PM
From: Buckey	Read Replies (1) \| Respond to of 150070

one of the wotkcs that ran Friday had this 8k after close Dont know if it will move more on this or not. EGPI filing Read Press Release (8-K change in registrant) Changes in Control of Registrant and Financial Statements & Exhibits Item 1. Changes in Control of Registrant a) Effective December 1, 2003, the Registrant and International Group Holdings Inc. ("IGH") have entered into a definitive Agreement and Plan of Merger (the "Merger Agreement"), pursuant to which Registrant will acquire one hundred percent (100%) of the common stock, assets and liabilities of IGH, including its wholly-owned subsidiary, International Yacht Sales Group, Ltd., a limited liability company of England and Wales. As of December 1, 2003, IGH and its subsidiary became wholly- owned subsidiaries of the Registrant. Under the terms of the Merger Agreement and subject to stockholder approval, IGH's stockholders will receive one restricted share of the Registrant's common stock for each IGH share outstanding. Following the transaction, the Registrant's stockholders will own approximately 17,357,352 shares or 49.69 percent of the combined company and IGH's stockholders will own 17,576,071 shares or 50.31 percent of the combined company. It is believed that upon the final calculations and adjustments made in accordance with the Merger Agreement, the IGH shareholders will represent the minority position in the Registrant. b) There are no arrangements known to the Registrant, including any pledge by any person, of securities of the Registrant, the operation of which may, at a subsequent date, result in a change in control of Registrant.