Ahahahahahaha WRONG LMAO. Let’s do some REAL DD.
The Note Consideration is $2.3M out of a $5.5M purchase price. That’s like 40%, not “nearly all.”
And the interest rate is not high. 4.25% is in fact quite low and reasonable.
And there was no convertible debt.
In addition, institutional investors are financially sophisticated. They understand that acquiring companies IS THE ALPP BUSINESS MODEL.
OTCers just don’t understand REAL BUSINESS. That’s the problem.
OTCers see an acquisition made with debt (low interest, in this case) and they scream “ahhhhh debt” or
OTCers see an acquisition made with equity and they scream “ahhhh equity” lmao.
What are they supposed to make acquisitions with? Kent’s good looks???
There are only 2 sources of financing for emerging growth companies.
Debt and Equity.
OTCers don’t understand because the plays they are used to seeing have no actual business.
Kent is taking $ALPP to the NYSE so he can access the kind of Equity financing necessary to buy Billion Dollar Potential Driver Companies.
For this stabilizer acquisition, he used low interest, non-convertible debt.
A perfectly appropriate thing to do.
Wet to go Kent and the $ALPP team!!
Can’t wait to see this beauty in the NYSE.
Hint: they’re not kidding folks ;)