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Telestone Technologies Corp. (TSTC) Message Board

jbailey92663 3 posts  |  Last Activity: 14 hours ago Member since: Nov 3, 2005
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  • Reply to

    Yes... There will be some dilution.

    by dickmilde Jul 24, 2014 4:47 PM
    jbailey92663 jbailey92663 14 hours ago Flag

    You sound like a lawyer, Mr. Milde. HA! It looks like the market likes the deal. Too bad my last orders did not fill. Time to buckle your seat belts as I predict we are going for a ride. I wish the market would take it up more slowly.

    JB

    Sentiment: Hold

  • Reply to

    Yes... There will be some dilution.

    by dickmilde Jul 24, 2014 4:47 PM
    jbailey92663 jbailey92663 Jul 28, 2014 10:50 PM Flag

    Mr. Milde,

    I think you are right that SLP will be the surviving Corporation, but you have to admit that this quote in the earlier release states the opposite, which is strange, imo.

    'The Agreement calls for the merger of Cognigen with and into a wholly-owned subsidiary of Simulations with the subsidiary continuing as the surviving corporation. "

    A minor oversight or Freudian slip? Probably a minor oversight. But I am paying close attention to details.

    Source: http://finance.yahoo.com/news/simulations-plus-acquire-cognigen-corporation-024500276.html

    JB

    Sentiment: Hold

  • Reply to

    Simulations Plus to Acquire Cognigen Corporation

    by dickmilde Jul 24, 2014 7:08 AM
    jbailey92663 jbailey92663 Jul 24, 2014 4:15 PM Flag

    Interesting acquisition! I will presume that it is "accretive" based on Walt's statements through the years but I have not looked at the numbers yet. I am curious why the acquired company will be the surviving company. I am also curious why the news appears to have moved the shares very little today. I actually canceled my pending buy order based on the news until things shake out, but I am very pleased that I got a toe back in the water before this was announced! Congrats to all who kept their faith in management through the years. This is an exciting development, imo.

    Sentiment: Hold

TSTC
0.05-0.01(-16.67%)Jul 30 1:30 PMEDT

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