Ann: CardieX Update on the Acquisition of 50.5% of inHealth, page-99

  1. 926 Posts.
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    I disagree - my reading is that once the additional $2.9M is paid CDX can claim to own 40%+. The fact that they announced they don't own more than 40% means it hasn't been paid - even if they did declare its going to occur post-haste. Ownership could be in the form of shares or notes - you can own the company as a shareholder or bond-holder/ debt. (Obviously voting rights, etc are different for each class of owner). That's my read.

 
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3.6¢
Change
0.004(12.5%)
Mkt cap ! $19.80M
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Price($) Vol. No.
3.3¢ 100000 1
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