travel, Are you saying that the glorified IOU's have no impact on the number of shares outstanding in the float? And that the new partner has the IOU for new preferred shares as a form of insurance that the partnership will not screw them. If the preferreds are backed up dollar for dollar by the seller of his company, when does SWVC get the benefit of the performance of the company, if it does perform. Or does that happen from day one. Does SWVC take on all the acquired companies debt and assets? Screwy questions, I know, but I am trying to see how this works. Thanks if you try and straighten me out with any answers here.
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