the phony russian deal, page-4

Smuggler,

What is your point? You have already stated your view tens of times, which you are entitled to. We get it.

Others have different views and information, so why don’t you leave it at that and see what happens.



******* from Sharescene – posted today ****

More to support the theory.

See ePay Malaysia Web site http://www.e-pay.com.my. Info in Market Overview section is worth the read.

In this Press Release

http://www.e-pay.com.my/press/epay24.htm

it refers to two things;

1. Hussan Said - In addition to Orion Gateway, who owns 60% of ePay Malaysia, owning 1m SKG shares, the Director of ePay named (Said) in this article owns 500k SKG shares.

2. There is mention in the second last paragraph that they are interested in listing on the stock exchange.

Euronet Worldwide who own 40% of ePay Malaysia list ePay Malaysia's Revenue for last FY at US$175M. Euronet's stock on NASDAQ is trading at US$28 with a Market cap of uS$980m which is about 50 times earnings.

It would make no sense for Orion to sell to Euronet as their would be no multiple for the Orion shareholder/s. A reverse of a fledgling company like SKG would provide this platform to multiply value.

Again more speculation here but it certainly adds weight to the theory.

Techo

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