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Re: paideia post# 380

Tuesday, 11/27/2018 8:58:40 PM

Tuesday, November 27, 2018 8:58:40 PM

Post# of 772
The retainer was only $75K. They don't get the 1 million fee/commission unless they close a transaction for them. It's in the 8K that they released. They did not pay them 1 million upfront like you stated. They only get the 1 million upon closing a transaction for them such as a buyout or merger.