On the OPGX deal,
NIR got:
$1,020,000 in cash and stock to retire approximately $6,000,000 of convertible secured notes
a 1 for 1,200 reverse split on the common stock
convertible preferred stock representing 7.5% of the post-split common stock of the Company. The convertible preferred shares automatically convert into shares of common stock
OPGX got:
the Company's current shareholders will retain, in total, 3.5% of the post-split common stock of the Company