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[QUOTE]Originally posted by Stock_Analyzer: [QB] I hope you let this stay so people can see its new news! http://biz.yahoo.com/iw/050120/079409.html SOME KEY POINTS: Other planned acquisitions, such as the Las Vegas Footwear Company, are likely to follow a similar approach to the Promo Staffing structure, but the Company will make the best decision for each acquisition on a case by case basis. The Company is purchasing 60% of the outstanding shares of Promo Staffing with its common stock. This common stock is restricted and therefore cannot be sold for a period of one year from the date of issuance pursuant to Rule 144. The common stock issued as per the Form 8K filed with the Securities and Exchange Commission on Friday January 14, 2005, is estimated to be the maximum amount of shares that will be issued to the shareholders of Promo Staffing. Additionally, these shares were issued as a refundable deposit in order to retain exclusive negotiation rights to complete the acquisition. The shares are held in trust with LIVESTAR'S attorney. The share amount might be reduced based on the final purchase price of the acquisition. [/QB][/QUOTE]
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