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Re: None

Saturday, 03/26/2022 11:49:04 AM

Saturday, March 26, 2022 11:49:04 AM

Post# of 5584
BZWR issued appox. 21 million more shares ( see below calculation) assuming .05 per share. ( restricted) for the acquisition, which should bring it up to 448 million shares O/S. Watching when the OTC updates the new amount which could be 1-3 weeks.

"The value of the deal at closing is $2.25 million, with $1.2 million in cash and the remaining in restricted common stock.)

$2.25 million - $1.2 million = $1.05 million (21 million shares * .05 = 1.05 million dollars.)

Helix House is expected to have revenues of 1,217,332 in 2022 (A). BZWR hasn't mentioned if they are profitable though.

"In 2021, Helix House generated total revenues (unaudited) of $973,866 Helix House is on track to continue this momentum and projects full-year 2022 revenues to increase by 25% vs. 2021."

A: $973,866 plus 25% =$1,217,332.


TOTAL COST COULD BE $4.75 HOWEVER, BECAUSE, the acquisition also includes an earn out opportunity based on revenue growth, which could bring the total value of the transaction up to $4.75 million. (B)

(B)An earn out is linking the purchase price to be paid by the buyer to the future performance of the acquired company. This performance can be bench marked against (e.g. EBITDA, revenue, pre/post tax profits etc) The better the acquired company performs against that benchmark, the more is payable to the seller (and vice versa).
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