InvestorsHub Logo
Followers 57
Posts 9765
Boards Moderated 0
Alias Born 10/17/2012

Re: 1manband post# 93685

Tuesday, 05/19/2015 5:38:32 AM

Tuesday, May 19, 2015 5:38:32 AM

Post# of 112467
Although you are technically correct here is the worst case scenario from the transaction that NBRI made for the Brett property.

NBRI has received and will keep $125,000.00 in cash.

NBRI has received and will keep $50,000.00 in XIMEN stock.

If XIMEN defaults on the deal and doesn't pay what it said it would pay NBRI keeps the cash and stock and the property come back to them.

Boohoo such a terrible deal for NBRI.

LMAO