GREY:RGVNF - Post by User
Post by
stocktalk2on Jun 17, 2008 5:12pm
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Post# 15195470
Eugs/REV
Eugs/REV
I think it should be very clear with EUGS trading at .85 that Wolfgang only used Regent as a holding company and the rent for holding a 45% interest is 10 million shares plus a million in cash. I say a million because REV raised $2 million for the McCallan deal.
Nonetheless, at the end of the day we (REV shareholders) are further ahead than where we were had Wolfgang not come into the picture. He can obviously still find a way to promote stock when it's in his interest and with over a 100 million shares between him, his brother and close associates he has a lot of motivation. Good for REV at the end of the day.
Regardless about the speculation about whats ahead for REV, we would not even be having this discussion if we didn't make this deal.