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Gold/Mining/Energy : Signature Brands Ltd.: (SBX:TSE) SGNTF -- Ignore unavailable to you. Want to Upgrade?

To: Mr. Oil who wrote (263)4/21/1999 8:48:00 AM
From: John BOYCE  Read Replies (1) | Respond to of 776
 
I agree with you Ray,excellent potential with the agreement.Look beyond the share issue and the overall picture is great. CD Plus is a great company with a proven track record. I think it is the perfect fit for SBX. In a perfect world,they wouldn't have to issue that much stock, but when you look at companies like Bid.com going to $30 on nothing, I like the chances of SBX. I won't fall in love with the company or the stock, and if it doubles, you can be sure I will take some profits, but at .30 level, I think it is a no brainer as long as the deal goes through. Keep up the great posts Ray. John Boyce



To: Mr. Oil who wrote (263)4/21/1999 11:40:00 AM
From: WhatsUpWithThat  Respond to of 776
 
Plus after the fact they can do a share consolidation, trading (for example) 10 existing for 1 new share, because in the end shareholders don't like to see unusually large numbers of o/s shares in a company.

Value stays the same overall, just fitting the share numbers and per share value better into the market.

WUWT


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