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Monday, November 15, 2021 7:20:22 PM
“The consideration for the Equipment Rights consists of the sum of $2,500,000, with $500,000 in cash paid at closing, and $500,000 to be paid on the first day of the next calendar quarter, plus $250,000 to be paid on the first day of each successive calendar quarter until the amount is paid in full.”
SO WHICH ONE IS THE LIE ? Certainly can’t have both and nothing is common between these deals
SO THE ALLEGED $10.50 PER POUND ISN’T REALLY $10.50 BUT ACTUALLY $ 9.28….
$1.31 or 12.5% to Hydrenesis
$ 9.28 per pound. We know the costs are significantly higher than $5.50…
Guess how much cash they raised through toxic financing ?
“ Cash provided by financing activities. $12,091,692 “ ( for the quarter )
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