could be, didn't one go into liquidation recently? Get us a leg up for any of those remote deals.
They raised 5.5 million. CCE had three objectives. One involved a corporate transaction with EMC. One involved a similar deal with CETO and one was to do with working capital.
Break up the 5.5 million, let's say 3-3.5 million for the EMC deal. 1 to 1.5 million for CETO and rest for working capital.
So whatever the deal is it is probably a cash deal on our part. We wouldn't want to offer more shares as we have enough on offer as it is.
Fingers crossed that whatever it is they are in profit...
CCE Price at posting:
2.7¢ Sentiment: Hold Disclosure: Held
