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Business
by Mark Brooks on March 23, 2006
BUSINESS WIRE -- Mar 22 -- Think Partnership (CGI Holding) will sell its online dating and online education businesses (Cherish, Personals Plus and Vintacom, and Real Estate School Online) to MWXI to Mountains West Exploration for $21 million cash and $9 million unregistered Common stock. The subsidiaries were acquired by the Company during the past two years, for $23,125,000 ($10.7 million cash, $11.2 million common stock of THK, and $1.2 million in notes). RELEASE @ YAHOO
Mark Brooks: And the core business of Mountains West Exploration... Marketing? Internet? Matchmaking? Anything remotely similar? Nah. Profile "The principal activities of the Company is to acquire, explore and develop coal bed methane in the South Central Colorado region. The Company has approximately 4,740 gross acres of oil and gas leases rights in South Central Colorado, located in the southwestern part of the Raton Basin." ???
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