Determine Inc fka DTRM

[First Crown Research]

so this stock is a 0 since the offer's for 32m cash and their liabilities are 38.6m as of their last 10q. Based on the APA it doesnt seem like Corcentric is assuming any of those liabilities (in the definition of Excluded Liabilities it mentions vii. Closing Indebtedness) .

Also per the APA seems like the co. maintains the cash but at 7.5 as of Sept. so lets say that they didnt burn any of that in the past 5 months (highly unlikely). that'll give you at the most 900k equity but lets be realistic its prolly 0

accounts receivable are going to Corcentric.

A good short from here IMO