IFL IS A PUBLIC COMPANY

So does that mean they can make $155 million before paying taxes on profit? That would be a pretty nice way to lower your costs of business.

Assuming it generates cash and profit going forward.

> So does that mean they can make $155 million before paying taxes on profit? That would be a pretty nice way to lower your costs of business.

Have to ask their accounts - lol... but often it is written off...

ttt for later

So do Shamus and Otto have a majority stake in the new IFL or are they gone.

misleading title - a long way to go before the IFL becomes a public company - this is just a letter of intent to begin negotiating and conduct due diligence.

still a pretty major announcement though

Everyone on here should start buying. Could you imagine how much your stock would split if they merged with the UFC.

"this is just a letter of intent to begin negotiating and conduct due diligence."

Good point thedune--it was 3 a.m., my ass was tired. This may or may not already be essentially a done deal.

> so it would be $95 for 10K shares!

lol...

.095 x 10,000 = 950

Thanks Goku--haven't read it either.

http://www.sec.gov/Archives/edgar/data/885475/000110465906028846/a06-10746_1ex10d13.htm

 

 

LOL @ Haole repeatedly owning himself on this thread.

Double LOL @ getting blasted by someone telling him to "BY A CALCULATOR". Granted, that was a one time typo.

What does dissolution of the prior corporate structure have on pending lawsuits against the old corporation?

Is this a legal strategy also?

"can't do simple math = retarded"

NEDCMK1 is correct. :-) Haole should have quit while he was behind.

Yo penny players ~

" Shell "

Read my lips.

Time to do some DD.

Paligent, Inc. does not have significant operations. It seeks a merger or sale to acquire other operating businesses. Previously, the company operated as a biotechnology company that engaged in the development and commercialization of drugs with a product portfolio focused on infectious diseases and oncology. Paligent was founded in 1985. It was formerly known as Procept, Inc. and changed its name to HeavenlyDoor.com, Inc. in January 2000. Further, the company changed its name to Paligent, Inc. in December 2000. Paligent is based in New York City.

" Paligent, Inc. does not have significant operations."

sniff sniff

ttt

95% OTC BB stocks based out of NYC are shells. This is going to get real interesting.

I can't wait to see the 10QS on " Paligent, Inc. does not have significant operations."

Here come the " reverse mergers ".

Here read up on Cedric Kushner Promotions ( scandal-plagued New York City entertainment company called Ckrush )and their securities fraud.

EC CHARGES CEDRIC KUSHNER PROMOTIONS AND THREE OF ITS OFFICERS AND DIRECTORS
WITH FRAUD

CHAIRMAN AND PRINCIPAL FINANCIAL AND ACCOUNTING OFFICER CHARGED WITH FILING
FALSE CERTIFICATIONS REQUIRED BY THE SARBANES-OXLEY ACT OF 2002

 On March 24, the Commission filed a complaint in the U.S. District Court
 for the Southern District of New York against Cedric Kushner Promotions,
 Inc.  (CKP  or the Company), its Chairman of the Board, Chief  Executive
 Officer,  President and Founder Cedric Kushner (Kushner), its  Principal
 Financial and Accounting Officer, James DiLorenzo (DiLorenzo),  and  its
 former  Executive  Vice President and Secretary and a current  director,
 Steven  Angel  (Angel) for violating the antifraud, record-keeping,  and
 reporting  provisions of the federal securities laws.  As part  of  this
 action,  the Commission alleges that Kushner and DiLorenzo violated  the
 certification requirements of the Sarbanes-Oxley Act of 2002,  and  Rule
 13a-14 of the Securities Exchange Act of 1934 (Exchange Act).

is this good for the fighters? lol