Good catch!
Eric Lehner
@WinningCEO
$WNBD - Funding Tech Div acquisition: Clearing up a point that has puzzled some people - how WNBD will fund the acquisition - there is an approach helpful to WNBD shareholders/creditors. The Tech Div, as a subsidiary, can have its own private placement = less WNBD dilution /2
$WNBD 2/ This makes sense because Tech Div has an earlier valuation reference basis from prior intellectual property transactions. Therefore, the acquisition is suitable for leveraging of prior corporate valuation for private placement purposes. Not the only element - but is one.
1:27 PM · Jan 20, 2022