News Focus
News Focus
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konshe

05/30/22 11:03 PM

#16036 RE: trademax42 #16032

Very good DD, see deal closing news out Tomorrow.
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skichic

05/30/22 11:13 PM

#16038 RE: trademax42 #16032

Here is that statement in the 8K that outlines terms. Read the second to the last sentence. They will get the money back!
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HomeRunSwing

05/30/22 11:31 PM

#16050 RE: trademax42 #16032

THAT IS COMMITMENT........
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dozendogs

05/31/22 1:26 AM

#16077 RE: trademax42 #16032

SYSX actually paid Bespoke $3mil for the deal.

If i may point this out in the latest 10q.

Pursuant to the Heads of Term agreement, the Company agreed to transfer 312,500 shares to Bespoke Growth Partners, Inc. and 1,562,500 shares to Omniverse LLC, Accordingly, following the closing, the Company will hold 5,250,000 shares, Bespoke Growth Partners, Inc. will hold 312,500 shares and Omniverse LLC will hold 1,562,500 shares.

It's $2.6mil in cash and $468,750 in Ostendo shares, pre-IPO.