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Optionable Inc. Message Board

  • tech_investor_2002 tech_investor_2002 Jan 22, 2007 6:20 PM Flag

    NYMEX paid $2.69 per share

    http://www.sec.gov/Archives/edgar/data/1303433/000117266507000021/form8k.txt


    "The purchase price to be paid by the Investor
    for the Purchased Shares is $2.69 per share."

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    • One of the greatest asset of investing is ability to read SEC fillings meticulously.Agreed, they paid 2.69 in cash.

      How do you value the tech services and hosting services?

      The purchase price to be paid by the Investor
      for the Purchased Shares is $2.69 per share. Pursuant to the Term Sheet,
      the Company has agreed to issue the warrant described below to the
      Investor, in consideration of the Investor's agreement to engage in
      certain joint marketing and cobranding activities and to provide hosting
      of Company servers and assistance in joint technology development. In
      addition, the Investor and the Company agreed to certain arrangements with
      respect to OTC products which the Company clears through the clearport
      system.

      We shall see tomorrow morning what the senior boys think about this.Your shares and mine can not make much impact

      See you in the morning.

      If you are short, methinks you are in trouble

      Just my 2cents

    • What? ...$2.69! -39% below today close! LOL This POS is going south for the winter tomorrow!

      Heheheheheheee!!!

      • 2 Replies to lastoneoutshutthelightz
      • is not so much about the price of the sale, if you read it closely. Its more about a blending of technology, and cobranding of the platforms, and allowing OPBL to clear transactions thru Clearport....This agreement wasn't written up today, this has been in the works for some time,imo.
        It looks like the founders had to bend somewhat, to prevent NYMEX from freezing them out of this space....OPBL decided to join them instead of fighting them.

        all just my opinion!

        <B>Pursuant to the Term Sheet,
        the Company has agreed to issue the warrant described below to the
        Investor, in consideration of the Investor's agreement to engage in
        certain joint marketing and cobranding activities and to provide hosting
        of Company servers and assistance in joint technology development. In
        addition, the Investor and the Company agreed to certain arrangements with
        respect to OTC products which the Company clears through the clearport
        system.</B>

      • Why dont u sell me all ur shares at 2.69?

        Im holding on to mine..we're going to 10 regardless.

        Nymex obviously had the upper hand here.

 
OPBL.OB
0.034-0.001(-2.86%)Oct 30 2:14 PMEDT