"THE SPINOUT IS TARGETING THE ACQUISTION, not the parent company!" Per GC to me via email!! He has stated in lrevious conf and pr that they were looking to acquire a revenue producing dx company. I then asked and was upset as it thought it would be dilution and that is what he responded to me with. I spoke with him again couple days ago and be stated that the closing is a pain but they are working on it. We are close