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 : GLOW - Global Games, Inc. - Great Profit Potential ! -- Ignore unavailable to you. Want to Upgrade?

To: dexx who wrote (141)	4/28/1998 1:40:00 PM
From: Tony	Respond to of 8879

Additionally, Global is very pleased to announce that the ECS acquisition, which originally was a cash-plus-stock transaction, has been restructured more attractively and is now a stock-only transaction. The new ECS acquisition price is 2 million shares of free-trading Global stock and 4 million shares of restricted stock. This transaction is expected to close this week. Great that the deal is closing, and that ECS is expanding. Can someone explain why a stock only deal is more attractive than a cash+stock deal? It's hard to say without knowing what the previously proposed numbers are, but it seems that the current shareholders would see more of ECS's future earnings if the stock was diluted less. (Granted, there's not much dilution even now). -Tony