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benosufan

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benosufan

Re: Lazy Money post# 305

Tuesday, 01/21/2014 8:51:06 AM

Tuesday, January 21, 2014 8:51:06 AM

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The parent company gave them cash for recent acquisitions in return for a convertible note. Let me see the terms of that note...LOL. Will have to wait to see the 10Q.

For example, Rocky Mountain provided most of the cash needed to acquire CherryBerry and Yogli Mogli, through a convertible note arrangement that was established specifically in support of our acquisition program."
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