good work customers, page-7

I personally will not be buying OCO. Not because I don't like the management,quite the opposite, but because of the likely dilutionary effect. I suspect FCPB will use OCO scrip BIG time for any further acquisitions. Existing OCO shareholders could get diluted to kingdom come before you start to see some shareprice appreciation....rather like another company I know!!!

My comments regarding merge/reverse t/o are more directed at CAL making a play for Fintronics.
My thinking:
a) CAL own 24% (fully diluted) of Fintronics, and 81% of CAL (post Tianjin ATM acquisition) is owned by FCPB and CUS.
b)Let's assume that both CAL and Fintronics are worth approx the same (I know, its a big assumption).
c) If you put the two together, FCP/CUS would still control 81% of CAL which, in tern, would control 62.5% of the merged entity. Interestingly, the chairman of Fintronics would end up with only 10% of the merged company. I dont know how many more shareholders he can count on for support, but it doesn't really matter because it would still be less than 50%.

Having said all that, you still have to convince Fintronics shareholders to vote in favour of the deal and CAL can only count on 24% to start with.

This is, of course, only MY thinking on the whole situation and NOT actually what is necessarily going to happen. However, it will be very interesting to see how this unfolds.