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10,867 Posts.
394
24/08/12
14:32
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Jeff,
A lot of this is an interesting deal..
"If the Transaction is approved, Two Way will issue 5,234,485,000 shares (at $0.015 per share) to Donaco"
LOL so essentially the company will be:
5% two-way TV
95% donaco..
In other words, an over-seas casino is taking over an australian listed company to reach a larger audience and gain some mobile gambling technology..
Could this be why P1 deal was cancelled? IMO I dont think so as P1 backed away from the deal also after TTV found 'something' they didn't like..
interesting..
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