InvestorsHub Logo
Boards
News
Market Data
Markets
Discover
Discover
Subscribe Login/Register
S&P 500
5,022.21
(
-0.58%
)
US TECH 100
17,096.80
(
0.37%
)
Dow Jones
37,753.31
(
-0.12%
)
Brent Oil
86.06
(
-1.07%
)
Bitcoin
62,646.94
(
2.23%
)
Post# of 166
Next 10
Reply Private New
Public Reply Private Reply New Post
Keep Last Read
Replies (2) Keep Next 10 Report Keyboard Shortcuts
Replies (2) Next 10 Prev Next

buxmaker

Send PM Follow Ignore
Followers 37
Posts 4423
Boards Moderated 0
Alias Born 03/04/2004

buxmaker

Re: landbarron post# 139

Wednesday, 05/04/2016 6:10:36 PM

Wednesday, May 04, 2016 6:10:36 PM

Post# of 166
You should ask the company to clarify this. I found it odd also. But I would imagine the $15 million represents the total consideration paid, which would include the purchase of common stock and any debt. There may be preferred shares as well. Since the company stopped reporting financials several years ago, we have no idea what the balance sheet looks like.

Bux
Public Reply Private Reply New Post
Keep Last Read
Replies (2) Keep Last Read Next 10 Report Keyboard Shortcuts
Replies (2) Next 10 Prev Next

Join the InvestorsHub Community

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.

Sign Up