i bet its more than 8c this time next year, page-24

Everybody stop.

Go back and read the post by tedarcidi (about 8 or 10 posts above). He is the only poster that has correctly analysed the numbers.

In the absence of knowing a valuation on Smart Ventures, the issue price of the shares (six cents) paying for the acquisition is completely meaningless from a value perspective. For instance, I have an old Pty Ltd company hanging around. I will sell 50% to CPH for the issue of 2 million shares issued a $.30 each (for a hypothetical consideration of $600,000). Unfortunately, my company is worth nothing, and therefore CPH shareholders have gained nothing (worse still they have been diluteded). You see, we need to know the value of Smart Ventures before we can make any sense of this deal whatsoever.

In my opinion, it is entirely possible that CPH may have structured the deal in this manner simply for the increased investor interest. Further, the corporate watchdog would no doubt be interested in this if a complaint is ever made. Although CPH would no doubt argue that their announcement is not misleading, I would that the contrary is true based on the majority of the above posts.

Now let me say that there may be a strong case for the share price to rise in the near future based on technicals and increased investor awareness. Full congratulations to management (sarcasm) if that was the intention.

Obviously, my sentiments should not be taken as advice to anybody.