Forum Archive Index - May 2001
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[sharechat] EVZ- Do the only thing
>From my last email. The best thing that Craig Heatley can do to assure that
the public has confidence in him is the following.
There is cash of $52M. Pay the cash out at 15 cent to all the promoters -
that is the price they got in at - and the balance of cash to be pay out to
minority shareholders. The promoters can have the business for free
Promoters => 200M share @ 15 = $30M + existing businesses
Minority shareholders => 50M shares @ 44 c = $22M
Bob
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