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Re: Diamond42 post# 364

Wednesday, 02/08/2017 7:39:54 AM

Wednesday, February 08, 2017 7:39:54 AM

Post# of 729
GM Diamond the question that remains to be answered is why CALD's financials state that they struck a deal with VCTL in April 2016 for $4M to acquire certain tangible and intangible assets. Some of the tangible/intangible assets listed in CALD's financials state amortized 6 year contracts, technology, customers and goodwill.

But CALD's financials don't state how the $4M is to be paid for the asset acquisition.

Nor do CALD's financials list any creditors and/or old VCTL noteholders as the legal entity they struck the $4M deal with.

So from my perspective only...the only way to get an accurate answer is to reach out to CALD themselves and get clarity from them.

CALD should have no problem whatsoever providing the clarity/answers needed since it's already public info directly in their financials


Never buy or sell based on my posts! My posts are just my opinion!