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Message: This morning's PR...

This morning's PR...

posted on Apr 04, 2008 07:59AM

There seems to be some confusion about this morning's PR re: Dice Ventures....

Don't confuse the 60% of Elysium (still owned by FTS) with the 49% of Dice Ventures aquired by the Elysium CEO in the just announced restructure ....Dice is not 100% of Elysium only a "software" part that was acquired in Jan 2008...

IMO, (and this will have to wait for filings) the restructure probably was compensation and or debt reduction.....

The interesting part of the PR was the reference to:

Mr. Janeczek sits on the board of a number of startup and Internet incubators/accelerators, including an Italian-based fund h-farm, where he is the chief strategy officer and one of the main players involved in financing startups and investments.

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