Today’s Deals: MotherNature’s Unsolicited OTCBB Buy-Out Offer

  
* 
Amount:         $6
million

  
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Terms:           
1 million shares

  
* 
Premium:        n/a

  
* 
Industry:        E-commerce
enablers

  
* 
Scorecard:      C

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  MINNEAPOLIS, Aug. 25–Digital River, a
  Commerce Service Provider, announced that it has acquired the software
  services business of NetSales which provides outsourced
  business-to-business (B2B) and business-to-consumer (B2C) e-commerce
  services for software publishers and software retailers. The acquisition of
  the NetSales Technology Group further
  establishes Digital River’s
  position as a leading provider of both B2B and B2C e-commerce services for
  software and digital content publishers. Digital River acquired NetSales’
  software services assets in exchange for 1,000,000 shares of common stock,
  with a contingent earnout for an additional 350,000 shares of common stock
  based on performance over the next 180 days.
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•  

  
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Amount:         $11.36
million

  
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Terms:           
100% cash

  
* 
Premium:        71.4%

  
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Industry:        E-tailers

  
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Scorecard:      D

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• 
  ENCINO, Calif., Aug. 25–Sitestar, an
  Internet holding company, announced that it has submitted a formal offer
  letter to the management of Mothernature.comto
  acquire all of Mothernature.com’s
  outstanding shares for 75 cents per share in cash, representing a 71.4%
  premium in an offer valued at approximately $11.36 million. Sitestar’s offer for Mothernature.com’s
  shares will not be subject to financing or a lengthy due diligence process,
  and will only contain a condition providing for an out in the event of a
  material adverse change regarding Mothernature.com.
• 
  
•  

  
* 
Amount:         $6.5
million

  
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Terms:           
n/a

&nbs

p; 
* 
Premium:        n/a

  
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Industry:       
Content/Communities

  
* 
Scorecard:      C

• 
  
• 
  ATLANTA, Aug. 25–MedCare Technologies
  and WirelessMD, a wireless connectivity solution provider for the
  medical community, jointly announced the signing of a letter of intent for
  WirelessMD to acquire certain
  assets of RxSheets.com from MedCare Technologies. RxSheets.com
  is an online pharmaceutical marketing service provider exclusively designed
  for the physician, its Web site offering drug sample requests for doctors,
  drug protocols and studies, and research information. This transaction is
  estimated to provide MedCare Technologies with $6.5 million in
  consideration. Further terms were not disclosed.
• 
  
•  

  
* 
Amount:         $140
million

  
* 
Terms:           
17.6 million shares

  
* 
Premium:        75%

  
* 
Industry:        E-tailers

  
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Scorecard:      C

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  FORT LAUDERDALE, Aug. 25–Take to Auction.comannounced that it has made an offer to acquire Greg Manning
  Auctionsat $14.00 per common share, payable with
  17.6 million shares of Take to
  Auction common stock. The offer also provides for the divestiture of Greg Manning’s 48% owned Chinese
  subsidiary, GMAI-Asia.com prior to
  the consummation of the transaction, which would be distributed to Greg
  Manning’s shareholders.
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•  

  
* 
Amount:        
$835,000

  
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Terms:           
68,182 shares/$322,000 in cash

  
* 
Premium:        n/a

  
* 
Industry:        E-tailers

  
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Scorecard:      C+

• 
  
• 
  SCOTTSDALE, Ariz., Aug. 25–Ableauctions.com
  announced that it has acquired Johnston’s Surplus Office Systems
  Ltd, a Washington State and British Columbia-based company that
  re-manufactures modular workstations for offices and produces a re-clothed
  and re-painted finished product that can stand as new. The acquisition of
  Surplus Office Systems enables Ableauctions.com to handle the
  demands from larger companies looking to acquire very large quantities of
  identical modular workstations. The purchase price was $835,000, $322,000
  in cash and 68,182 shares of the Company’s common stock.
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