Replies to post #16646 on RedHawk Holdings Corp (fka SNDD)

[BL28]

How is it a cash infusion then?

Beechwood sells the property to Redhawk.

Where did Redhawk get the cash to purchase the property? Klug isn't going to front that cash without getting shares in return.

Redhawk's balance sheet looks exactly the same at the end of the day and the value of the company does not change. $XXX as an asset in property, $XXX as a payable liability.

It's not a cash infusion. Correct?