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Re: JL1975 post# 3474

Thursday, 03/01/2018 11:04:06 AM

Thursday, March 01, 2018 11:04:06 AM

Post# of 4715
JL1975, I'm trying to figure out where you're coming up with $6 to $8 per share.

Per your suggestion, I reread the Settlement Agreement and noticed the following:

"Reinstated License Proceeds" means that portion of the total purchase price to be received by Fibertower Corporation shareholders in the Transaction and allocated to the Reinstated Licenses.

In that same document, it states $12,000,000 is 20% of the Reinstated License Proceeds. So doesn't that indicate the payment to the shareholders would be $60M? Or roughly $1.25 per share?

Any additional insight you can provide?

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