InvestorsHub Logo
icon url

4u2nv2

06/02/16 10:15 PM

#7540 RE: MarcoSwan #7538

Yea. And the second and third payment being waved suggested these guys were tight and not giving up. I do remember an old ASUV filing that said they needed 50 million in funding to start this operation. Klean doing an IPO would have a better shot at that kind of capital verses a reverse merger with ASUV. But if it is a reverse merger then the capital was pre arranged. Bet on that.
icon url

dinogreeves

06/02/16 10:22 PM

#7541 RE: MarcoSwan #7538

Royalties are for the first 5 years, after that Harmonic keeps 100% and it's way past the 5 year mark.