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Re: drugmanrx post# 82046

Tuesday, 02/19/2019 11:44:37 AM

Tuesday, February 19, 2019 11:44:37 AM

Post# of 85915
Confusion, yes! But the 8-K specifies what the funds are to so pay the undefined debt is and that figure is...

2.1 Merger, Sale and Purchase.
(i) For purposes of this Agreement, and assuming the completed merger and acquisition of the Company and all of its assets and subsidiaries, the consolidated merged entity shall have an enterprise value of $130,000,000. The merger shall be effected through a sale and exchange of shares and a capital investment of $3,000,000.

Just my take on the statement... IMHO...