As an example: Under the terms of the deal, Ge
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Posted On: 10/02/2019 5:11:20 PM
As an example:
Under the terms of the deal, Generex will acquire all of the assets of Medisource including business operations, accounts receivable and inventory, contracts, and real estate, on a debt free basis, for One Million Dollars ($1,000,000) worth of Generex (GNBT) stock, plus additional cash and stock consideration for achieving certain sales and profit projections.
The devil is in the details. There might be more info in the forthcoming annual report. On the surface the whole of Generex needs to do well for these companies to well minus individual milestone achievement bonus payment(s). Seems like the price has to be above 2.50 for most if not all the deals.
Under the terms of the deal, Generex will acquire all of the assets of Medisource including business operations, accounts receivable and inventory, contracts, and real estate, on a debt free basis, for One Million Dollars ($1,000,000) worth of Generex (GNBT) stock, plus additional cash and stock consideration for achieving certain sales and profit projections.
The devil is in the details. There might be more info in the forthcoming annual report. On the surface the whole of Generex needs to do well for these companies to well minus individual milestone achievement bonus payment(s). Seems like the price has to be above 2.50 for most if not all the deals.
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(0)Generex Biotechnology Corp. (GNBTQ) Stock Research Links
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