DOCILE CHILD
NextView previously entered into a binding placing letter with the company pursuant to which it agreed to acquire 32,976,635 common shares in the company at a price of 94.53 pence (approximately $1.6223 (Canadian)) per share for aggregate gross proceeds of 31,172,813 pounds sterling (approximately $53,498,000 (Canadian))
That is 20 % of the company
They had no break up fee
With LIX it is $20 million
plus LIXs cash position would set us at .45 cents a share
Spoke with the CFO today .