United Communications Partners Inc (UCPA)

[naturalborninvestor]

I think they sold Nyheter for $1.26m, so they valued the company much higher (1.58m) than previously disclosed. 80% partial interest sold for 1.268m.

Look at the Cashflow Statement

- Disposal of partial interest in equity investment 1.268
- Promissory note issued (edit: to be paid later) (449)

the difference is 819k which should be the "cash" received this period for the sale (and another 449k by 2017 at the latest).


edit: Just realized that the cash flow statement is for the 9-months period, and so is the value of 1.268m. But what other partial equity interest was sold prior to Q3 this year if not Nyheter365? The 3-month p+l statement names, indeed, states 818k for the sale of equity interest. Hmmmm.