Hi, guys, Seven is moving up nicely. I think my little secret...

Hi, guys, Seven is moving up nicely.

I think my little secret plan might leak out.

My plan is a very simple one:

1. Incorporate a phony company to buy out Seven as a whole.
2. Make a takeover offer at $7.50, costs me $1.5 billion, and assume the debt.
3. The offer price consists of: $5 cash, and $2.5 IOU;
4. Distribute the cash portion with cash reserve, and IOU portion with equity in phony investments.
5. Swap WAN shares with SEVPC
6. Pay deferred Tax with CMJ.

The results: I still can get $100m cash, plus 49% in Channel Seven, and a bunch of media and telecommunications companies.

Anyone want to joint me? LOL

No brain. I knew someone try to do the same thing to AEP (now OCP), but was killed off by the establishments.