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Replies to post #1020 on Massive Interactive Inc. (fka HUGE)
J.T. The DD King
07/22/13 9:09 PM
#1023 RE: mayvid #1020
I like what jt said: "The filing very clearly explains XTOG sold some assets which gives them a few million in cash, in addition to a constant, guaranteed income WITH NO DEBT If Torchlight exercises their option it's game over. XTOG will be trading dollars. This is something to gloat over as a bad thing? Absolutely not. Again, I'm amazed a company reporting they sold some assets for millions in CASH, and now THEY HAVE NO DEBT, mixed with a 12% ROYALTY payment & if Torchlight consummates the rest of the agreement it's another $5M, making XTOG worth over $11 million liquid with income producing properties and no debt as a bad thing? OK." I fully agree![quote/]