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Replies to post #15754 on Notis Global Inc. (fka NGBL)
236T568
03/27/15 2:24 PM
#15756 RE: EnlistedInvestor #15754
Looks like their really hurting for that cash from Lizada. I'm not really sure about the math of the trade, but Lizada is supposedly buying a large chunk of the company for $15 million. I'm curious what their valuation is. With that $15 million, their supposedly to get 22,160,000 shares total with a combination of restricted, preferred, and common shares. Incidentally, shortly after that announcement came out by the founder, Medbox the company put out a statement that "the company has not reviewed or finalized the agreement as of yet". Seems like the two sides aren't talking much to each other.