Replies to post #34449 on SunWorks Inc (SUNWQ)

[maverick1856]

Not only sell a profitable company for less than half the prior years revenue....but sell it for convertible debt....ie loan SLTD the money to buy your company...for a loan that converts into common stock....this would be the craziest and probably not the brightest idea for a small business owner to do...unless they had a very high assurance that those share would be very valuable down the road...


MDE expected revenue for 2014 is ~$7m...sold out for $3.8M..

SunWorks 2013 revenue was ~$7-8M...sold out for $2.8M...