However Berman did state in March 2018 that he would be meeting with his funder to payoff the balance of the Cogosense purchase by the end of April and the $225K was already on the Balance Sheet as of 1/31/18. I also though that the purchase price was $2.6 million.
So maybe what you said did not happen.
Quote:I believe SB's privately owned FMS bought Cogosense for 2 million and ON4 bought FMS for the same price. An additional 225k was paid to complete the deal