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Boiler_Master

05/11/24 8:16 PM

#51365 RE: lflhdy #51364

I explained it in the video. They're saying some of the profits they make from Lynk will be reinvested into Lynk to grow the business.

Since it will be IQST's profit to do with as they please, reinvesting it will be considered a loan to the business and they'll get it back later.

This investment is contingent upon Lync achieving certain financial milestones, which basically ensure the only money IQST will invest into growth of Lync is part of the profit they make from Lync. If Lync does not achieve those operating income milestones making IQST that level of profit, IQST will not be required to invest anything into the company's growth.

cootcat

05/11/24 10:51 PM

#51367 RE: lflhdy #51364

I did not see or hear any up- front money. Hundred and twenty-five thousand dollars after closing, per month for 12 months. Unless I hear it wrong. That better growth than puy back. My opinion.