InvestorsHub Logo
Followers 126
Posts 5297
Boards Moderated 1
Alias Born 04/26/2001

Re: Lazarus post# 1329

Wednesday, 01/23/2019 3:07:30 PM

Wednesday, January 23, 2019 3:07:30 PM

Post# of 1332
And one last thing before I remove this from my bookmark. By waiting for the payout instead of selling at the bid - which at times was slightly higher than the buyout -- my shares are in an ESCROW account so I may receive additional $$ in the future as per the press release"

Additionally, after closing of the transactions, Massive’s stockholders and the other sellers will be eligible to receive a contingent earnout payment with a maximum aggregate value of USD $35 million. The payment of the earnout is conditional and may not occur; it is subject to Massive and its subsidiaries achieving certain financial targets in the three calendar years following closing of the acquisition, subject to acceleration or reduction in certain circumstances.



I guestimate the earnout payment could be as high as around .10 per share

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.