I hate to correct you on the Tax issue but I'm a qualified Chartered accountant.
There is NO WAY the tax office will let Linc avoid paying tax on the China deal if it goes through.
Issuing shares at a very inflated price is very stupid, the Tax office will charge tax on the difference between the price paid for the shares and the market price at the time of the deal.
Linc would be far better saying they have sold the UCG China rights for $120M rather than confusing the market with a very stupid attempt to avoid tax.
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