Re: Buyout Question
in response to
by
posted on
Nov 15, 2012 06:03AM
Depends on how the deal is structured 1st of all, but your EDIG shares would be converted to whatever the deal is.
Example...all cash, you get it...own 100K shares and we sell for $2.00/share, you get $200K and split.
A buyer could offer part cash and the rest in their stock too, or all stock. After it closes you decide what to do with the stock portion, hold or sell, all or part.
Oh, did I mention we are worth my magical dream price of $7.00?
I'm sure there is more to it, no expert here, but this is basically it.