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Platinum WOWIO Deal Done

The Beat is reporting that Platinum's purchase of WOWIO is a done deal.  WOWIO is also aiming to relaunch the site between July 23rd and August 4th.

According to the SEC filing, Platinum is paying 3.15 million for WOWIO -- paid in shares of Platinum with payments stretched out over the next year.

 

 

Re: Platinum WOWIO Deal Done

Chris Cantrell's picture

Paid in stock?  Didn't we learn our lesson from the dot com bust about "stock" purchases of internet companies?

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