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ProShares UltraShort Euro Message Board

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  • hmmer527 hmmer527 Dec 9, 2002 9:55 PM Flag

    Please Help!!

    this company wants to spin off the homeland security part of their business.the company doesn't have the money to put into an expensive IPO....( SEC fee for a seat on the nasdaq board).therefore it's cheaper to infuse there business in a company on it's last leg and take its place on the's less expensive than starting fresh with an IPO.i'm angel investor who as invested in a private company which is looking to do the same thing to a publicly traded company.we all know EUO doesn't have much in cash.all they're doing is taking the place of a publicly traded company to save the enormous cost of IPO.this is why they will have 80% interest.20% goes MKLD for having being traded on the nasdaq.good luck to all.i think this is not a bad deal.

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