Does anyone know the structure between 5Barz International or "the Company" and the subsidiary 5Barz India once Axis raises the 20M? If and when that 20M is raised 20% ownership of 5Barz India goes to that group. Does that then mean that group gets 20% of 5Barz India revenue moving forward and 5Barz the parent company gets 80%? Does it affect the parent/subsidiary structure any other ways?
I've asked around about this and haven't been able to get a straight answer.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.