RE: RE: Article ....... Motley Fool Z, You need to reread the press releases. SAND is making the $15M payment for S M&E initially and then the two companies will workout whether SM&E repays the big brother in cash, stock, or a combination. So, initially at least, SAND should be spending half of the $150M financing...not half of their current cash which is/was north of $170M. GL