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was CUIN2

05/01/15 7:54 PM

#67080 RE: Millstone #67078

Also, I thought I saw a 4% penalty for paying off the loan early I believe, which I think is good.
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Perfectshot23

05/01/15 10:41 PM

#67094 RE: Millstone #67078

So if the lender buys all the warrants 157,770,256...ECIG gets 157,770,256 x 0.45 = $70,996,615...The lender gets the difference between market and 0.45 and this is over a 7 year time frame. Granted the O/S will be increased. This deal is huge!