NetList Inc (NLST): thank you so much for explaining. I miss...

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NetList Inc (NLST)

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Re: Mac2014 post# 8350

Wednesday, 08/18/2021 8:25:18 AM

Wednesday, August 18, 2021 8:25:18 AM

thank you so much for explaining. I missed that completely. So when I get that right:

If the stuff with Samsung goes beyond December 21, 2021 Netlist has to pay back Samsung 8 million dollar.

Instead of paying back the 8 million in cash Netist agreed with Samsung that Samsung can have shares at the value of 1.25 dollar a share (value 8 Million Dollar)

To not pay that back, they (Netlist) are getting the 8 million from Lincoln
, Netlist can now pay back in cash Samsung and Lincoln paid 5.98 for each share..

did I get that right? thanks again!!

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