InvestorsHub Logo
Followers 14
Posts 2426
Boards Moderated 1
Alias Born 07/14/2019

Re: Sean Portman post# 33783

Tuesday, 04/07/2020 9:33:19 PM

Tuesday, April 07, 2020 9:33:19 PM

Post# of 54907
It's a really simple deal, wellington gets the right to buy 1.5m shares at 86 cents in a years time. The 86 cents was the closing price on April 1,the day this deal was completed. It gives wellington an incentive to sell, it gives us a great partner in terms of sales and distribution to all 50 states, and of things go well, it should hopefully open the door to future distribution partnerships for our other products.