Friday, January 18, 2019 11:36:58 PM
Purchase price TNS inc 1.629 million, of that TBS is paying 1 million of the purchase price using it's own receivables.
Saving the SGSI share holders 1 million of debt most likely convertible debt.
TNS Inc does 6 million a year in revenue.
So in one quarter that million dollar debt will be gone at no cost to SGSI core.
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