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Thursday, November 30, 2017 9:38:25 PM
I read this as they got the company for 500,000 dollars worth which is now held in preferred stock. They also took on 500,000 dollars worth of debt from the company. Essentially the transaction cost a million dollars. The word additionally is the kicker in there. IMO
What does it profit a man to gain the whole world yet forfeit his own soul? Mark 8:36
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