You should ask the company to clarify this. I found it odd also. But I would imagine the $15 million represents the total consideration paid, which would include the purchase of common stock and any debt. There may be preferred shares as well. Since the company stopped reporting financials several years ago, we have no idea what the balance sheet looks like.
Hey guys, does anyone have any updates or info on the money we are still owed from the PDEP merger? They withheld over a penny a share from the purchase price to indemnify Delphi. Those funds were supposed to be paid out to shareholders if the money wasn't lost in claims paid out against PDEP.
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