Langbar International

Langbar Int stock quotes

Langbar Int stock charts

Follow this thread / related threads


Kalingalinga - Sun, 01 Jan 06 :

I think there should be some focus on the Crown Pharma transaction.

"A further 71,000,000 Common Shares are being issued to the shareholders of Crown Pharmaceuticals Limited as consideration for the transfer of the USD 294,126,185 term deposit with the Banco do Brasil"

According to the Dec 2004 accounts (SPs first set see the Langbar website not the news monitor). Rybak got all 71 million of these shares (when Crown Pharma gave back the deposits). He already had 16.25 million and subsequently got more from the cancellation of the Founder Shares (through Crown management).

I dont get it. Lambert had a majority holding in Crown Corp (which owned the above deposits before they went into Crown Pharma). How could Rybak walk away from this deal with an extra 71m shares?


Langbar Int Stock Charts :

Langbar Int Historic Stock ChartLangbar Int Intraday Stock Chart
Langbar Int - Historic Stock ChartLangbar Int - Historic Stock Chart
Search for a stock: 



By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions :: Contact Us :: Affiliate Scheme
Copyright©1999-2008 ADVFN PLC. Copyright and limited reproduction :: Privacy Policy :: Investment Warning :: Advertise with us :: Data accreditations :: Investor Relations :: Press office :: Jobs

ADDITIONAL SERVICES AVAILABLE FROM ADVFN
Upgrade - Click here for more information on ADVFN premium services Money Words - ADVFN Financial Glossary Investor Training ADVFN Financial Bookshop Online Training Academy

35 site:2us *** lgb080516 20:53 Stock Message Boards ( 2001 | 2002 | 2003 | 2004 | 2005 | 2005 | 2007 )