SI
SI
discoversearch

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 : American International Industries Inc. OTC BB Symbol EDII -- Ignore unavailable to you. Want to Upgrade?


To: jhild who wrote (2681)9/9/1998 2:01:00 PM
From: Gone Bonkers  Read Replies (1) | Respond to of 4814
 
One trade and you show up. I bet you just bought some EDII. Come on now fess up!!!



To: jhild who wrote (2681)9/11/1998 8:29:00 AM
From: ColleenB  Read Replies (1) | Respond to of 4814
 
The acquired companies projected annual revenues are approximately $10 - $12 million and profitable.

So....supposedly the company is now worth.....$120-$132MILLION!!!.. can't wait for the financials due out NEXT month to confirm this....

Jhild.....could you explain why the company would have done this....I haven's seen this type of statement in a PR yet....I have an idea, but would appreciate your unbiased opinion....

The transaction will be treated as a purchase for accounting purposes.

Oh, this information was taken from the latest press release