24Holdings Inc. (fka TWFH)

[db7]

'possible' hint at company valuation? hopefully just a starting number b/c i would like to sell for a lot more at some point


"On May 9, 2013, we restructured the Common Stock Purchase Agreement, dated May 26, 2005, as amended to date (the “Purchase Agreement”), among InfiniCom, AB (now known as Avalon Innovation AB), a Swedish registered company (“Infinicom”) 24Holdings, Moyo Partners, LLC and R&R (the “Amendment”). Pursuant to the Amendment, Infinicom’s right to receive $400,000 to $600,000 in equity value of 24Holdings upon the occurrence of one of several post-closing events, including a merger with one or more as yet unidentified private unaffiliated operating companies (the “Infinicom Additional Shares”), was converted into 138,322 shares of Common Stock, which will be delivered to Infinicom within 30 days of the Amendment. The issuance to Infinicom was exempt from the registration requirements of the Securities Act of 1933, as amended (the “Act”) pursuant to Section 4(a)(2) of the Act"

$400,000/138,322 = $2.89/sh (?)

$500,000/138,322 = $3.61/sh (?)

$600,000/138,322 = $4.34/sh (?)