Hi Amuhamme, In response to your question... We won't know the exact purchase arrangements Bulova Technologies Group will make with Big Red Transport until the deal is completed by July 15th, and we will receive an 8-K filing and perhaps a PR at that time which will show the closing details of the transaction.
If I were to speculate though, I would say the company will probably offer some kind of Cash/Equity type deal. Perhaps a combination of operating cash on hand and/or a cash low interest loan from Sunshine Bank, and some restricted $BTGI common stock and/or some of the new Preferred A & B shares.
But whatever the cost of the deal... I am absolutely certain that the trade off will BE well worth it for the company and for shareholders! With an additional trucking company "Big Red" added into the $BTGI revenue mix that generates $12,000,000 in additional profitable annual revenues... $BTGI can do no wrong IMHO!
Can someone please help me understand as to how are they planning on paying for this acquisitions?
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