Hat jemand von Euch die jüngste Press Release gelesen? Wie ist das denn zu bewerten? Ist der Wert der Aktie damit jetzt auf 50 Cent gesetzt? Ok klar, nur wenn man sich einigt. Aber immerhin könnte man sagen, 50 Cent ist der Deckel, oder?
Und wieso haben die sich verpflichtet, im Falle des Verkaufs an einen anderen Investor 500 K $ zu zahlen?
Mir kommt das offen gesagt etwas komisch vor.
Schöne Grüße,
Ewu
_______________________________________________
Press Release Source: Alternative Energy Sources Inc.
Alternative Energy Sources, Inc. Announces Formation of a Special Committee to Evaluate Strategic Alternatives and the Execution of a Letter Agreement
Friday November 9, 5:43 pm ET
KANSAS CITY, Mo., Nov. 9, 2007 (PRIME NEWSWIRE) -- Alternative Energy Sources, Inc. (OTC BB:AENS.OB - News) (the ``Company'') announced today that its Board of Directors has formed a Special Committee comprised of W. Gordon Snyder and Douglas D. Wilner to explore and evaluate strategic alternatives aimed at enhancing shareholder value for the Company's non-management stockholders. Strategic alternatives being considered include a possible sale of the Company. The Special Committee has retained the investment banking firm of Christenberry Collet & Company, Inc. to provide independent financial advisory services and has engaged Stinson Morrison Hecker LLP as independent legal counsel. No strategic alternative will be pursued unless it is recommended by the Special Committee.
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The Company also announced that the Company and a privately-held company (the ``Potential Acquiror'') have entered into a letter agreement to provide financial assurances to the Potential Acquiror for the time and expense incurred in evaluating a possible purchase of the Company. Under the terms of the letter agreement, the Company is free to pursue any strategic transaction including the sale of the company to another acquiror but is required to pay the Potential Acquiror a fee of $500,000 (and reimburse its reasonable expenses up to $500,000) if, within one year, the Company enters into an agreement with respect to a change-of-control transaction with another acquiror. However, that fee would be payable only upon consummation of such a transaction.
The acquisition consideration currently being explored with the Potential Acquiror for the acquisition of shares held by non-management stockholders involves an election to receive either $0.50 per share in cash or a lower cash price per share, together with contingent consideration, the amount of which would be capped and would depend upon the future financial contribution which may be provided by certain assets of the Company. These exploratory discussions also contemplate that the Company's management stockholders would exchange their stock for stock of the Potential Acquiror based on the same valuation that would be used to determine the acquisition consideration for the non-management stockholders.
The Company has not entered into an agreement with the Potential Acquiror providing for the purchase of the Company. There is no assurance that the Company will enter into such an agreement and, if the Company does enter into such an agreement, no assurance can be given as to the amount or form of the consideration to be paid for the shares. There can also be no assurance regarding whether the Board will elect to pursue any other strategic alternatives it may consider, or that any such alternatives will be consummated. The Company does not intend to provide updates or make any further comment until the outcome of the process is determined or until there are significant developments.
Und wieso haben die sich verpflichtet, im Falle des Verkaufs an einen anderen Investor 500 K $ zu zahlen?
Mir kommt das offen gesagt etwas komisch vor.
Schöne Grüße,
Ewu
_______________________________________________
Press Release Source: Alternative Energy Sources Inc.
Alternative Energy Sources, Inc. Announces Formation of a Special Committee to Evaluate Strategic Alternatives and the Execution of a Letter Agreement
Friday November 9, 5:43 pm ET
KANSAS CITY, Mo., Nov. 9, 2007 (PRIME NEWSWIRE) -- Alternative Energy Sources, Inc. (OTC BB:AENS.OB - News) (the ``Company'') announced today that its Board of Directors has formed a Special Committee comprised of W. Gordon Snyder and Douglas D. Wilner to explore and evaluate strategic alternatives aimed at enhancing shareholder value for the Company's non-management stockholders. Strategic alternatives being considered include a possible sale of the Company. The Special Committee has retained the investment banking firm of Christenberry Collet & Company, Inc. to provide independent financial advisory services and has engaged Stinson Morrison Hecker LLP as independent legal counsel. No strategic alternative will be pursued unless it is recommended by the Special Committee.
ADVERTISEMENT
The Company also announced that the Company and a privately-held company (the ``Potential Acquiror'') have entered into a letter agreement to provide financial assurances to the Potential Acquiror for the time and expense incurred in evaluating a possible purchase of the Company. Under the terms of the letter agreement, the Company is free to pursue any strategic transaction including the sale of the company to another acquiror but is required to pay the Potential Acquiror a fee of $500,000 (and reimburse its reasonable expenses up to $500,000) if, within one year, the Company enters into an agreement with respect to a change-of-control transaction with another acquiror. However, that fee would be payable only upon consummation of such a transaction.
The acquisition consideration currently being explored with the Potential Acquiror for the acquisition of shares held by non-management stockholders involves an election to receive either $0.50 per share in cash or a lower cash price per share, together with contingent consideration, the amount of which would be capped and would depend upon the future financial contribution which may be provided by certain assets of the Company. These exploratory discussions also contemplate that the Company's management stockholders would exchange their stock for stock of the Potential Acquiror based on the same valuation that would be used to determine the acquisition consideration for the non-management stockholders.
The Company has not entered into an agreement with the Potential Acquiror providing for the purchase of the Company. There is no assurance that the Company will enter into such an agreement and, if the Company does enter into such an agreement, no assurance can be given as to the amount or form of the consideration to be paid for the shares. There can also be no assurance regarding whether the Board will elect to pursue any other strategic alternatives it may consider, or that any such alternatives will be consummated. The Company does not intend to provide updates or make any further comment until the outcome of the process is determined or until there are significant developments.
