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Re: Pink Current post# 10827

Saturday, 11/15/2014 4:17:25 PM

Saturday, November 15, 2014 4:17:25 PM

Post# of 39096
The not so good IMO:

On September 5, TKM sold its shares (80%) in Nyheter365 to Nyheter365 Holding AB. The sale agreement
incorporated a consideration to be paid in two installments, one installment was made on the date of the
transfer of shares and the second installment is to be paid at the latest September 1, 2017. TKM issued a note
receivable to the buyer for the second installment of $440,000, against pledge in the transferred shares.



They did pay down their line of credit which is good:

Note 10 – Line of Credit
The Company has a floating rate line of credit facility with SEB Bank in the amount of $1,674,600. As of
September 30, 2014 the amount outstanding, under this line of credit facility, was $125,145.
The rate of
interest payable under the line of credit facility is presently 3.4 % per annum.



UCPA

OD

Disclaimer: The views expressed by me are solely those of the author and should not be construed as reason to buy or sell any security I mention. Always do your own DD(due diligence), I have.