Posted On: 03/21/2013 8:03:15 AM
Post# of 21202
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$INBI Mr. Statsney, one of the founders of Vicis Capital, LLC. has taken a seat on the Board of Directors for Infusion Brands International (INBI). It is common for a funder to start seeding some of their affiliates or members onto a possible acquisition or merger target’s Board of Directors, so we could soon see a merger or be acquired. This sort of event should easily push the price per share of INBI to $0.25 or beyond.
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