Gepco Ltd (fka GEPC)

[Potse]

maronti1...acquisition terms.....

what they actually paid for that this company in dollars value?

The acquisition cost $9M (150M shares at 6 cents). There is a clawback feature in the share purchase agreement that could adjust the shares issued down to a number between 75-150M, depending on the 2014 financials of Gemvest.......

Section 3.2 Clawback. If the Company’s EBITDA (as defined in GAAP) is not at least $750,000 for the fiscal year ended December 31, 2014, then the Seller shall return to Purchaser 1 million shares of the Purchaser’s Common Stock for each $10,000 increment by which EBITDA is less than $750,000.