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Re: stervc post# 31512

Friday, 10/18/2013 7:59:39 AM

Friday, October 18, 2013 7:59:39 AM

Post# of 74540
This LOI you speak of.

1. What percentage of SWING is being acquired?
2. What are the financial numbers for SWING?
3. How much is GLER paying for this company (i.e. how long before it actually creates a profit)?

If I recall, all the analysis last time was erroneously using 100% of TEC's profits and applying that against the current GLER share structure. The reality is, HAWK only gets 65% of TEC, created debt for the right to that 65%, and GLER is in a 20% partnership with HAWK.

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