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


To: Bernard Elbaum who wrote (612)5/1/1998 3:16:00 PM
From: Pierre J. LeBel  Read Replies (2) | Respond to of 1443
 
In plain English...

The earlier message was written in legalese! For complete explanations in English, refer to the news release dated February 5th, 1998 when the deal was first announced. www3.stockgroup.com

The stock at that time was trading at $ 4.10 which explains the value of the transaction. Basically, the vendors get paid with shares valued at $ 4.10 if and when they produce profits. Not a bad deal all around.

Have a very nice day.

Pierre