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vibgyor79 - 9:38 am on Nov 3, 2005 (gmt 0)
What do you think of the valuation? A SEO company is worth 2 years pre-tax profit? Also, in case of acquisitions like this, what does THP get? Clients, people and the SEO processes used by the company?
The $1 million of common stock of the Company will be subject to a dollar-for-dollar forfeiture if Web Diversity does not earn an aggregate pre-tax income of at least $1 million during the first 8 quarters The Company expects the pre-tax income of Web Diversity for the twelve months following the closing to approach $500,000