It's good that the PHOT deal is not there anymore
Tuesday, April 8, 2025 08:18:12 AM
Post# of 56324
Post# of 56324
Posted On: 04/11/2014 12:18:48 AM
It's good that the PHOT deal is not there anymore since we are paying
25% of CEN to the holder of the 20M financing. If PHOT was still in play
that would have been 50% stake that CEN would have given away from
FITX shareholders. So this is a very good thing that we stayed basically
the same.. Except there is no cash infusion from shares of PHOT...which
now that would have been a bad thing.
25% of CEN to the holder of the 20M financing. If PHOT was still in play
that would have been 50% stake that CEN would have given away from
FITX shareholders. So this is a very good thing that we stayed basically
the same.. Except there is no cash infusion from shares of PHOT...which
now that would have been a bad thing.
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