thoughts on aquisitionThis purchase will include some good contacts in Europe and customer base on this side. All my reseach is vague on information of the aquisition other than: This purchase will include some good contacts in Europe and customer base on this side. A heck of a lot to pay for 'goodwill',
In NR:Valdor will pay to VideoWare a total of US$1,250,000 (the "Purchase Price") of which US$1,000,000 will be paid on or before the target closing date of December 2, 2013 and an additional US$250,000 will be paid on or before 60 days thereafter. A 7% royalty will be paid to ViewCast on gross sales from the VideoWare business to a maximum of US$1,750,000 over a five year period...... Valdor intends to fund the acquisition of the VideoWare business and its assets through a combination of debenture and equity financing. Specific details of the funding will be announced in a future news release."
Debt an dilution coming up! For what?