Tuesday, August 21, 2018 4:54:44 PM
Asset sale of two brands owned by HAON to LTCP for the receipt of 56M restricted LTCP common shares plus 80M
LTCP Preferred Stock C shares with a payment value of $3M in 2020. Management intends to dividend out the LTCP
Preferred Stock C to HAON shareholders of record at a future date to be announced upon receiving approval from FINRA
once the corporate action is submitted.
It's not 3Million in cash, it's Stock with a Payment value of $3million.
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