OTCPK:MEAOD - Post by User
Post by
btrevorbon May 26, 2015 5:58pm
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Post# 23766869
NEXT P.P.
NEXT P.P.MTO should really consider using CASHMONEY instead of their current broker.
Look at the costs.
Cashmoney $300 for $20
$3 000 000 =$200 000
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In connection, with the private placement, the agent will receive a cash fee equal to 9% of the gross proceeds raised and will receive non-transferable broker warrants, in a quantity equal to 9% of the gross proceeds raised. Let's consider the warrants worthless as they have always proven to be under this wonderful management group.
STILL $270 000 so CASHMONEY wins by $70 000.
Why don't they ever issue a public offering? It would cost less, they wouldn't have to issue warrants and they might even gain a bit of respect from current shareholders.
Kinda sad when you think about it.