OMT INC V.OMT

I found it and traduce from Sedar

[chag25]

OMT Announces strategic review :

Winnipeg, Manitoba February 3, 2011 :  OMT Inc. announces that it has undertaker a review of its strategic alternatives and is currently  in discussions with an interested party regarding the potential acquisition of OMT Technologies, Inc., a wholly-owned subsidiary of OMT comprising substantially all of the assets of the company. At this time , there is no legal obligation on OMT or interest party to complete a transaction. Any transaction will be subject to the parties entering into a definitive agreement and the satisfaction of a number of conditions, including due diligence and receipt of applicable approvals

[Horn1369]

Thanks Chag but it does not say much about the offer! Hopefully we will find out more tomorrow.

[box532]

OMT ANNOUNCES STRATEGIC REVIEWWINNIPEG, Feb. 3/CNW/ - OMT Inc. ("OMT") (TSX Venture: OMT) announcesthat it has undertaken a review of its strategic alternatives and iscurrently in discussions with an interested party regarding thepotential acquisition of OMT Technologies, Inc., a wholly-ownedsubsidiary of OMT comprising substantially all of the assets of thecompany. At this time, there

[Horn1369]

Any one would like to take a guess on how much the offer might be?

[chag25]

Well, if you look the short debt and long debt is about 5,5 millions. The offer is not excess the debt. I'm shure the offer is 3 or 4 millions or 0,12$ per share