computercorp limited: takeover , page-13

AL,
You are correct it is a reverse takeover and back door listing LS will controll 65% of the shares.

80% of share's now contolled by top 10 shareholder so this is very tightly held company so to buy in you need to pay a premium.

Total shares on issue will increase to 270 milion.

Let's hope Leading don't run into the same cash flow problems they had with the takeover of BCAIT.

The BCAIT side of the business brings in alot of cash to keep the main part of LS solvent so without this I'm sure Leading would have fallen the same as Commander/Volante.

LS has learn't from this and the growth promoters are all in place as the main focus is to pick up more Commander/Volante clients.

LS are now looking at another bolt on aquisition
( Not in the CZP size) but still will add to turnover and compliment the existing business.