Re: Internet Holdings Corp Agrees to Acquire Elysium Internet, Inc. in Stock for
posted on
Feb 13, 2008 08:16AM
Hfacto<<<<The $1,000,000 to $1,500,000 note is later information."FTS Group will issue USBF (Scott owns 95%) an interest bearing note in exchange . . . . .>>>>
So.......its not in a filing, but in a PR, that YOU interpret as selling the farm....
I guess we are back to our original argument, I say FTS issued the note to loan USBF $1M worth of paper (plus interest) so that USBF could buy Elysium from FTS Group...you say (or imply, for whatever reason, that FTS group is paying $1M to USBF to take the profitable Elysium off of FTS Group's hands...
Are you sure you don't have an ulterior motive? Are you buying or selling? .........