Monday, February 20, 2017 3:45:11 PM
The purchase was in CASH and there are ZERO payments owed toward the balance in 2007. Christopher negotiated this in the best interest of Broadside Enterprise shareholders. Further private equity will be raised in similar fashion, to facilitate this closing as well as to fund future Acquisitions. None of this is any big secret, and Christopher will be utilizing the same methods he used during the first capital raise. Equity will be issued at or above market price and shares will be restricted for a period of one year. None of these private Equity holders are concerned about their investment here. They do not wish to sell at a break-even or at a loss and any money expended on their behalf goes directly to the company itself to be utilized for operating capital and acquisitions. Christopher is managing the integration exactly and as responsibly as I would
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