TSXV:KUR.H - Post by User
Comment by
DAbramovon Feb 24, 2007 9:00pm
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Post# 12305555
RE: Wednesday
RE: Wednesday>>>>>>>>>>>Roger's may not be looking for a major acqusition but then were talking about Look and in Roger eyes this is just an annoying fly. <<<<<<<<<<<<<<
So what is considered "not major"?
People on this board are screaming $1 billion +++
I think that'll be considered as "major" acquisition target.
Right now, we're small potatoes.
As far as my questions...... here they are:
1. The recent public broadcast notice by the CRTC "Broadcasting Public Notice CRTC 2007-13" states that mobile television broadcasting falls under a new exemption order. Does that insinuate that Look's license for mobile television signal transmission is virtually worthless as a negotiating chip (as any major competitor can now forego having a license to broadcast the signals)?
2. Would the above mentioned notice be considered as good news for Look Communications. And if yes, then how? Similarly, if not, then in what regard?
3. Look (in conjunction with UBS) have decided to restructure the corporation further into Look Mobile Corp and Look Mobility Inc. With this new corporate structure, would:
a. There be a need for a share exchange/rollback/transfer?
b. This entails having Look Communications change its name to Look Mobile Corporation with a subsidiary of Look Mobility Inc that effectively owns ALL of the assets of Look Communications as of today?
c. Should "b" turn out to be the case, what is the effective "ease of asset transfer" with this type of organizational structure? As it appears, Look Communications is simply changing its name and creating a subsidiary that maintains ownership of all the assets currently under Look Comm. Basically what I'm asking is, what is the rationale behind this move and how is it envisioned to be accomplished?
d. Look presently maintains a Multiple/Subordinate Voting share structure. Is that expected to change with the transfer of assets to the new company?