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stluc

04/30/10 3:51 PM

#113634 RE: EHubair #113630

QASP need money for the short term not in 5 or 7 years
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amishmotorboat

04/30/10 3:53 PM

#113640 RE: EHubair #113630

Try to make sense please.
$15 million worth of dilution is the entire AS at this price.
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FerdinandDaBull

05/01/10 4:08 AM

#114118 RE: EHubair #113630

QASP paid 15 million, their stake is 51%, so my guess is the total investment would be 29,41 million. Nonetheless it sounds like a good deal. Anyone has other thoughts??


QASP will control 51% of the venture and recapture its $15 million investment plus interest prior to any distribution of profits.