Reading around the web, SoloFire's revs were estimated around $6mil.
So, if they paid roughly $6mil in promissory notes and class B shares (ie. NO CASH OUTLAY) for a company that has roughly $6mil in revs AND some serious customers judging by the scrolling list on their website, to me, that is a heck of a deal.
Nice creative financing Team Verb. Great job!
So, if they paid roughly $6mil in promissory notes and class B shares (ie. NO CASH OUTLAY) for a company that has roughly $6mil in revs AND some serious customers judging by the scrolling list on their website, to me, that is a heck of a deal.
Nice creative financing Team Verb. Great job!
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