InvestorsHub Logo
Followers 3
Posts 464
Boards Moderated 0
Alias Born 09/16/2015

Re: sharky post# 42163

Monday, 09/21/2015 11:49:22 AM

Monday, September 21, 2015 11:49:22 AM

Post# of 74990
why would tonner buy out OWOO? After his own $5m in funding, Tonner funds OWOO for $2m, and gets just shy of 10% of OWOO ownership plus 5% of all purchase orders in the future from product that uses his company's molds, etc. No need to take on the debt as stated when the gravy boat should provide returns. Tonner's company offered buy out, not OWOO. I think only way OWOO gets bought out is if they establish themselves to be profitable/becomes a package deal if someone wants to buy Tonner out. JMO/no bashing.

OWOO long.
Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
Recent TONR News