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Thursday, February 22, 2018 1:37:01 PM
Invoice from NextCast
What was confusing was the court docs saying we owed NorthBridge $113,325 from NextCast. I also didn't take into consideration that NorthBridge was already including the $7,500 fee from Windsor. See below.
After understanding the above, the reason $UATG conservatively reserved the 375 mil shares was because we actually owed NextCast $211,650 ($105,825 x 2) and also needed to pay Windsor $15,000 for services. So what I actually "uncovered" today (see below) was the fact that the second tranche was approved in court on Feb 14th and has already started converting. Also confirming that dilution from the Next cast deal should be about over.
Here is the most recent 3 (a)(10)
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